UPDATED 4/13/17 High End Deli In A High End Neighborhood

East Islip, NY (Suffolk County)

UPDATED 4/13/17 High End Deli In A High End Neighborhood

Asking Price:$229,000

Cash Flow:$131,893

Gross Revenue:$720,000

EBITDA:N/A

FF&E:$15,000

Inventory:$10,000

Real Estate:$525,000*

Established:1957

*not included in asking price.

UPDATED 4/13/17 High End Deli In A High End Neighborhood

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Business Description

This deli is available for sale as well as the building. The building is NOT included in the asking price. You can find more details on Loopnet and MLS.

This must see high end immaculate South Shore deli is staple in the Hamlet. The deli is close to the Marina and Golf Course and has a constant flow of neighborhood traffic. The weekend breakfast crowd is lined up out the door. This gem will not last on the market at this price. The building is also listed for sale but NOT included in this list price. The owner is ready to retire and anxious to listen to all legitimate offers from experience deli operators

Signed NDA and proof of funds is required for information regarding the business. All potential buyers will have to be pre-qualified to be shown the building.

Contact Ray at 631-320-5849 to get an NDA

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,688
Employees:
3ft, 5pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This stand alone immaculate 2688 square ft deli with basement sits in the heart of a very upscale South Shore Hamlet. The deli has well designed updated commercial kitchen with many amenities, front countertops are all granite. The deli can seat 8 very comfortably inside and also has to picnic tables for outside eating. The building is also for sale which is NOT included in this list price
Competition:
“TERRIFIC!!! PROFESSIONAL DELI, but FAMILY OWNED with a long history in Deli business……Location is great for servicing golfers (Timber Point,) boaters (4 docks,) kayakers (down the block,) bike riders, Hecksher park walkers can enter park around the corner for free.” “WOW! local hidden secret. Fresh salads, sandwiches gluten free items and cold drinks. They even have a picnic table to eat outside. Prices are reasonable. Chips, cookies etc.” Competition-There is None!
Growth & Expansion:
The growth here can be off the charts for someone who has been in the deli business for years. The present owner does very little advertising and has a minimal web presence. They have also scaled back their catering service. With the golf course and marina in their backyard you can easily increase your gross by marketing to the 2 areas alone.
Financing:
None
Support & Training:
The owner will stay on for a determined period of time to facilitate a smooth transition.
Reason for Selling:
“After 30 years of owning successful delis it’s time to retire with my wife.”
Business Website:
http://greatriverdeli.com/

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Ray Pearson

Business Listed By:
Ray Pearson

Venture Business Brokers Inc.

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