Best Deli & Grocery
Location New York,United States
Asking Price Range < $250K
Gross Revenues $468500
Net Profit / Cash Flow $126400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description This twenty years-old convenience store & deli is located on one of the busiest roads on Long Island. Its size is 1800 sq.ft.; there are also seating arrangements, too. The business also has a furnished basement. The business is equipped with lotto, beer, cigarettes, ATM, breakfast & lunch, etc. Rent is just $2200, whereas the commission from lotto is $2500 a month. There is a hospital and a center for the old people, which bring clienteles to the business on a continuous basis. A nearby school also provides with an added advantage to the cash flow to the business. There is no other convenience store and deli in the vicinity within a radius of three miles. Due to the hospital, breakfast and lunch also do very well. The seller has another business up-state, so he wants to move there, that's why he wants to sell this business. The seller's net cash flow, after paying all the expenses, is $10,000 to $11,000 a month. Call Syed at 631-374-7686 for more information.
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