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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Wine Country Deli And Caterer

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $487240
Net Profit / Cash Flow  $88250
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1966
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Reason for Sale  Other business interests.
Description  Motivated Seller looking for a Deli Operator with Experience. This is an opportunity to earn a Net Income of over $89,000 while enjoying the peace and tranquility of Long Island's beautiful Wine Country. This business has been established for over 44 years (10 years with the current owner) and has developed a very loyal local clientele. Almost everyone in town has to pass it each day as it is in a shopping center with the town post office. The Seller keeps very good records and is asking ONLY $119,000 plus inventory. That is less than a 1.5 times multiple. That is under market, even in a bad economy. Any real operator will see that this place is the real deal right away. There are 7 1/2 years left on the current lease, with a flexible landlord who will offer an option for more. All compressors have been replaced in the past 2 years and there is new heating and cooling for the store as well. There is strong financial upside here along with an opportunity to invest in your health, family, and peace of mind. Leave the rat race of overpopulated Manhattan and Nassau County and just take a drive out to visit this location. You won't regret it. Act quickly, this business will not last. Call or email Mel Vaz today to learn more at 631-909-1095 for more information on this Deli and Catering business for sale.
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