Latino Deli - Hempstead Township

Hempstead, NY (Nassau County)

Seller Financing Available
Latino Deli - Hempstead Township
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Asking Price: $399,000

Cash Flow: $200,000

Gross Revenue: $780,000

EBITDA: N/A

FF&E: $100,000

Inventory: $2,000*

Rent: $5,288 /Month

Established: 1997

*not included in asking price.

Latino Deli - Hempstead Township

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Business Description

Located in central Nassau County on a busy main road, in an area with a large Hispanic population, there’s probably no better location for a Latin deli feature foods from El Salvador, Honduras and Guatemala. Positioned near several schools and churches, with a bus stop right in front, this successful deli has been a landmark in the community for more than 20 years and is supported by a very loyal and growing customer base. Serving a variety of traditional Hispanic foods and convenience items, this deli earns a 4.5 star rating on Yelp. In addition to their excellent walk-in business, they also do well with catering and delivery. This 3000 square foot, 20-seat deli has a fully equipped kitchen plus 2 deli cases, 1 five-door refrigerator, 1 two-door refrigerator, 2 freezers, 2 open case refrigerators and a lot more. There are 7 years remaining on the current lease, with an option to renew for 12 more years. The owner must relocate for family reasons, and is heartbroken to sell this successful business. The numbers are provable. Limited financing is available for the right buyer. The owner will provide support and training to ensure a smooth transition for the new owner, and to make sure his pride and joy will continue to be successful

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full kitchen plus 2 Deli cases, 1 5 door refigerator, 1 tub door refrigerator, 2 freezers, 2 open case refrigerators
Support & Training:
Yes
Reason for Selling:
relocating
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(from currently available funds)
 
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Bruce Miller

Business Listed By:
Bruce Miller

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