North Shore Suffolk BUSY Deli with $23,000 in Weekly Sales

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Asking Price:
$175,000

Gross Revenue:
$1,200,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$300,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This deli has been in operation for decades and has been the go-to place in a AAA DESIRABLE- UPSCALE-AFFLUENT area. The owner is ready to retire after making MILLIONS over the years and is ready to pass on the baton. HUGE POTENTIAL because this deli was doing a solid $50,000 weekly but towards the end of his career, he has let it go and now doing $22,000-$24,000 weekly. That said he is still netting $150,000 per year. It has 25 seats and 1,700 square feet with a full basement. The location cannot be better. The owner is very transparent, and easily makes $150,000. SELLING LESS THAN 2X NET. Please refer to listing #14113 when inquiring about this listing.

About the Business

Location:
Suffolk County, New York
Number of Employees:
12
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1624841
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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