Suffolk 5 Day Deli - 1.2 Gross - Long Lease - Golden Opportunity

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Asking Price:
$649,000

Gross Revenue:
$1,200,000
Cash Flow:
$225,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Industrial area pizza/deli for sale. Open 5.5 days a week grossing 1.2m a year and netting 225k. Large sit down area and with updated fixtures and nice atmosphere (3400 square feet). Owner retiring so it's for a knowledgeable owner to make this a 30k a week store. Seller financing available. Long and low lease available.

About the Business

Year Established:
1998
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
3,500
Lease Rate/Sq. Ft./Mo.:
$4,200.00
Lease Expiration:
1/6/2038
Facilities:
Well appointed and maintained
Growth & Expansion:
Unlimited growth
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About the Sale

Reason For Selling:
retirement
Training/Support:
will train
Seller Financing:
350,000

Listing Info

ID:
1461096
Ad Detail Views:
359

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Business Listed by

Gregg Wilson

Progressive Business Brokers

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U.S. Census Data for Nassau County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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