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Established Deli /Convenience Store

| Asking Price: | $179,000 | Inventory: | |
| Gross Revenue: | $500,000 | Real Estate: | n/a |
| Cash Flow: | $120,000 | FF&E: | $125,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This Deli /Convenience Store has been "Established" for over 14 years and is located in Eastern Suffolk on the North Shore. It is a "Freestanding" Building with "High Exposure," plenty of parking, a "Full Basement" (1200 sq ft + 1200 sq ft basement) and seating for 6-inside and 12-outside. Most of the Kitchen equipment was replaced "New" approximately 1-1/2 yrs ago. The Deli has 3-small isles of convenience products, an On Premise “Beer & Wine License,” and an Alarm and "Surveillance System." This Deli used to have "Lotto" about 10-yrs ago. It can easily be added back to the business to increase the customer traffic and the net profit of the business. The Lease is 10 1/2 yrs with a monthly rental of $3,890 (includes taxes, goes up 4% per yr).
Seller will finance with 60% down to an experienced buyer. The Price is "Negotiable" for a "Quick Sale."
**Seller Motivated** **Good Location** **Free-Standing Building**
For more information, call John Stefan of JS Business Brokers at (631) 473-2973
Seller will finance with 60% down to an experienced buyer. The Price is "Negotiable" for a "Quick Sale."
**Seller Motivated** **Good Location** **Free-Standing Building**
For more information, call John Stefan of JS Business Brokers at (631) 473-2973
About the Business
Year Established:1996
Employees:4 full time - 3 part time
Facilities:Freestanding Building, "High Exposure." 1200 sq ft plus a full basement and plenty of parking
Market Outlook and Competition:There is plenty of room to increase sales. The seller is ill and does very little advertising. Also, this Deli used to have "Lotto" approximately 10-yrs ago. It can easily be added back to the business to increase the customer traffic and the net profit of the business.
About the Sale
Management Training and Support:Seller will train
Reason For Selling:Health Problems
Seller Financing:Seller will finance with 60% down to an experienced buyer. The Price is "Negotiable" for a "Quick Sale."
KEYWORDS: Delicatessen, Deli, Convenience Store, Fast Food, Catering, Sandwiches, Subs
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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