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Asking Price$149,000
Revenue$503,226 Established2004
Cash Flow$108,587 Employees2 full-time
FF&E$10,000 FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Great Deli in Busy Area - ILLNESS SALE. This is a spacious 3,000 sq. ft. deli and grocery in a long commercial strip surrounded by high rise apartments and condos. The current owner is forced to sell as he must take care of his ailing mother. There is tremendous upside here. The space is under-utilized with room to bring in many more products, more hot food (there is a steam table and a great deal of shelving in the basement that was not yet installed). The site was approved to add a Subway Franchise. In fact there is a kitchen space with a hood system that has never been used (no grill, ovens, or walk-in currently). Despite all this the store grossed approx. $546,000.00 last year with Net Income of approx. $104,000.00. The seller is asking only $149K due to his mother's health. We are seeking a serious and financially qualified buyer with some energy and vision to build this place up. If you meet the criteria, call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.
Training/Support:seller will train
Seller Financing:$149,000.00 Down and None
Sale Reason:Mother's Illness
Ad #61180
Seller Reference #25002
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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