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Asking Price$600,000
Revenue$724,000 Established1992
Cash Flow$97,950 Employees2 full, 2 part
FF&E$40,000* FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This 25 years old deli & convenience store is located in the hub of a very busy neighborhood on Long Island. Seller wants to retire. He would like to sell the property as well, which has two apartments which each give $2800 a month as a rental income for 12 years. There is an opportunity to expand the deli, which could be converted into a nice mini supermarket. Seller looking to sell business with the property for $600,000 with a downpayment of $300,000 with a note being held by the seller. Business alone is for $100,000. Property is offered for sale through PMTG Realty. Deli does around $14,000 a week in gross sale. Lotto can be added to increase the revenues. Do not miss this great business with property. Call Syed at 1 (877) 735-5224 or email us at communications@vestedbb.com for more information.
Training/Support:Seller will train new owner.
Seller Financing:300,000.00 Down & $300,000 down seller will hold a note.
Sale Reason:Seller is retiring.
Ad #94325
Seller Reference #29790
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Contact This Seller
Syed Ahmed
1 (877) 735-5224
Email Address