PRICE DROP Updated Deli,Catering|Est.over30yrs|$27k-32k/Wk LOW RENT

Lindenhurst, NY (Suffolk County)

Seller Financing Available
PRICE DROP Updated Deli,Catering|Est.over30yrs|$27k-32k/Wk LOW RENT
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Asking Price: $575,000

Cash Flow: $273,820

Gross Revenue: $1,456,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,225.25 /Month

Established: N/A

PRICE DROP Updated Deli,Catering|Est.over30yrs|$27k-32k/Wk LOW RENT

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Business Description

One of the best neighborhood Deli's I've seen in a long time. With a low rent and a long lease this Deli is a huge money maker. Either a first time buyer looking to get into this industry can continue with the fully trained staff or an experienced operator can come in and relieve some of the payroll and increase your net drastically. Either way this is a well Established , only show in town , great opportunity. Current owner who is ready to retire is in the middle of $50k in renovations and upgrades. Huge upside by building up deliveries , social media , advertising & adding some of your personal touches. Otherwise this turn key unbelievable location is finally on the Market and will not last. Serious inquiries please. Seller will finance with the right offer.

Detailed Information

Location:
Lindenhurst, NY
Real Estate:
Leased
Building SF:
900
Lease Expiration:
8/13/2029
Financing:
225000
Support & Training:
Seller willing to train new owner
Reason for Selling:
Other business interests
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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