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Well Established Deli in Prime Location
| Asking Price: | $295,000 | Inventory: | $5,000 ** |
| Gross Revenue: | $600,000 | Real Estate: | n/a |
| Cash Flow: | $130,000 | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Incredible opportunity to own well established since 1913 deli/catering business situated in prime Nassau County location. Business offers breakfast, lunches and does catering to nearby businesses and serves variety of hot and cold sandwiches, salads, soft drinks, coffee and other deli items. Business open 7 days from 6am to 6pm Mon-Sat and 7am to 5pm on Sun. Easy, turnkey business to run. Do not miss this opportunity. For additional information please contact Mark Gavrilov 516-942-3588 or visit our web site at www.gmdcbc.com
About the Business
Year Established:1913
Employees:2 full time - 4 part time
Facilities:Business located on busy shopping strip in Nassau County in the upper income neighborhood surrounded by professional office buildings and occupies aprox 1000 sqf + 1,000 sqf basement used as a storage at low rent $3,000 includes tax. Lease expire 2016 + 10 year option. Ample parking
Market Outlook and Competition:Prior to 2008 recession business grossed over $900K per year. Due to owner's health condition business is operated by the manager and semi to mostly absentee owner. If the business operated by actively involved owner he should be able to increase sales and net profit by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding beer and cigarettes could increase business as well.
About the Sale
Management Training and Support:Will train
Reason For Selling:Health issues
Seller Financing:Partial Financing is a possibility negotiable
KEYWORDS: breakfast, lunches and does catering to nearby businesses and serves variety of hot and cold sandwiches, salads, soft drinks, coffee and other deli items
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Current Search
Industry: Food and Beverage
Segment: Catering Services Next Listing: Charleston, Summerville area cafe only $1150 mo. rent
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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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