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3000 sf Deli & Property for sale

Nassau County, New York, United States
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Asking Price$189,000
Revenue$618,000 EstablishedUndisclosed
Cash Flow$125,000 Employees5 full-time
FF&E$200,000 FranchiseNo
Inventory$7,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Gorgeous Gourmet Deli - South Shore Nassau with Property. ***MOTIVATED SELLER MOVING OUT OF STATE*** This is a fantastic location in Nassau. They have the best of both worlds - Summer beach traffic and visitors renting condos for the season and full time residents throughout the year. This store was beautifully renovated 4 years ago. Everything was replaced, HVAC, electric, gas lines, floors, ceilings, ALL equipment. They are once again, the busiest gourmet deli in the area, offering everything from breakfast and lunch items to gourmet catering for residential customers, private parties and corporate events. In the past year they grossed approx. $618,000.00 (approx. $11,800/wk) with a net income of approx. $125,000.00. The store does upwards of $15K/wk. in the Spring and Summer. They do not offer LOTTO, CIGS or BEER right now. THE BUILDING IS ALSO FOR SALE FOR AN ADDITIONAL $650K. The total space is 4,000 sf. Currently there is a separate business that occupies the 1,000 sq. ft. next door. They pay a rent of $1,323/mth. The deli itself is a spacious 3,000 sq. ft. THE LANDLORD WILL OFFER UP TO 15 YEARS ON THE LEASE at a base rent of $3,500/mth., triple net. There will be an option to buy the building if you are not ready to buy the building today. The current owner does not cook, but acts as a manager. A buyer with deli/kitchen experience can come in and reduce payroll. We are seeking a serious and financially qualified buyer with at least $189K in liquid funds and some food service experience for the business purchase. To learn more, please call the broker at 1-877-735-5224.. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.  Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$189,000.00 Down and The building is also for sale for an additional $650K.
Sale Reason:Moving out of state.
Ad #99926
Seller Reference #30610
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Contact This Seller
Melvin L. Vaz
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