Price Drop|5.5 Day indust. Deli W/Prop|Est 30Yrs|Nassau 2 store fronts

Garden City, NY (Nassau County)

Price Drop|5.5 Day indust. Deli W/Prop|Est 30Yrs|Nassau 2 store fronts
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Asking Price: $1,800,000

Cash Flow: $131,540

Gross Revenue: $832,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,843.33 /Month

Established: N/A

Price Drop|5.5 Day indust. Deli W/Prop|Est 30Yrs|Nassau 2 store fronts

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Business Description

Situated in this Nassau County Industrial Park on a corner location of a main rd is a one of a kind Opportunity. Very rarely do you see a 100% occupied building in this heavily populated industrial park go on the market. The financial information on the website is for the Deli which occupies half this building. The seller is asking $375k for the business or own the whole package of Business and property at an asking price of $1.8M. The building is 4000 Sq Ft that sits on a 10,000 sq ft piece of property. Taxes on the property are $34k. Total rent collected from the 2 businesses that occupy this location is $7600 monthly plus the taxes which are paid from the deli. There is so much room for growth in the deli. The current owner who is ready to retire does not take advantage of the huge catering and deliveries this area has to offer. Adding online ordering , advertising & social media are just some ideas to build up sales. This location used to do $30k weekly with the previous owner who was more experienced than the current operator. With an experienced operator this is an unbelievable opportunity. Too much too list. To set up a walkthrough at the location please call Joseph Mesi @ 631 236 8598 or email joseph@eastcoaststores.com

Detailed Information

Location:
Garden City, NY
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
7/11/2029
Support & Training:
Seller willing to train new owner
Reason for Selling:
Retirement
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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