Successful Deli in Free Standing Building

Suffolk County, NY

Seller Financing Available
Successful Deli in Free Standing Building
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Asking Price: $199,000

Cash Flow: $140,000

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $75,000

Inventory: $7,000*

Rent: $4,612 /Month

Established: 1986

*not included in asking price.

Successful Deli in Free Standing Building

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Business Description

Here's your opportunity to own an extremely profitable deli in a phenomenal location! The current owner has two other very successful non-food businesses that are requiring more of his resources, so he decided to sell this one. This deli is proximal to the intersection of two major roadways, in an area with industrial and office complexes, with a large residential area nearby. It occupies a 2200 sq. ft. free-standing building with ample parking, so it has tremendous visibility along the roadway and it's extremely easy for cars to zip in and out from the main road. This business has been building its stellar reputation for 32 years, and generates a steady profit of more than $10,000 per month after all expenses. Despite its longstanding success, there's still room to grow the business. The current owner does not push the catering, so this largely untapped revenue stream can still be developed. They currently do not have beer, lotto or cigarettes -- all of which are significant passive revenue sources for delis and convenience stores. The deli is currently open Mon-Fri 5-3 and Sat 6-1, and is CLOSED SUNDAYS AND HOLIDAYS. The owner knows that extending the hours of operation would also increase revenue and profits. The kitchen is well-equipped and large enough to handle an increase in business and catering. The business has all the equipment you would need, including a 48" grill, three flat screen TV's, 3-door freezer, two slicing machines, deep fryers, camera system, ovens, refrigerated display counter, steam table, walk-in, 10-door soda refrigerator, POP system which documents all sales, ATM and more. There are no tables or chairs, so all of the business is carryout or delivery. The owner will hold a note for the right buyer. This is honestly a 'Must See' for anyone who is seriously in the market for a very profitable deli.
KEY FEATURES
1. Loyal customer base
2. 2200 sq. ft
3. Owner Nets Over $10K /Mth
4. Hours: Mon – Fri 5 am – 3pm
Sat 6am – 1pm
CLOSED SUNDAYS AND HOLIDAYS
5. Owner financing available
6. Surrounded By industrial, office complexes, and residential
7. Room To Grow

Detailed Information

Location:
Suffolk County, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
3/1/2029
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing build, ample parking, fully equipped
Growth & Expansion:
add beer, lotto, and push catering
Support & Training:
yes
Reason for Selling:
Focus on his wife's businesses
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Bruce Miller

Business Listed By:
Bruce Miller

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