50k Weekly North Shore Suffolk Deli-Caterer Est. 68 yrs - Owner Retiring
New york (Suffolk)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11561
Business Type:
Established Businesses
Business Category:
Delicatessen/Catering Services
State:
New york
County:
Suffolk

Other Information

Financial Information

Asking Price:
$1,450,000
Gross Income:
$2,350,000
Cash Flow:
$625,000
Seller Financing:
$400,000  

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Business Description

Extremely successful deli established 68 years ago is 2000 SQ FT. Opportunities like this don't come around everyday. This store recently has been renovated to the tune of $300k and owners are finally retiring!  The owners have about 12 house accounts and have over 10 high ticket parties over 15k booked for 2019 already.  North shore upscale neighborhood exclusive area with 15 year lease extremely low rent. This store currently Grosses over 50k weekly in the store and over 33-35k in colder months in the store.   Over 650k in catering added to that. This is a perfect opportunity for a chef or a specialty caterer 2 partners hands on operators.  please have proof of funds available to show your agent who you registered with here at www.eastcoaststores.com

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11561

Business Listed By

Henry Galasso

Email this List   631-271-1731
Email this List   516-779-8900
Email this List   henry@eastcoaststores.com
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