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

North Shore Deli - Bagel In Affluent Area

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $407374
Net Profit / Cash Flow  $84504
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1992
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  North Shore Deli/Bagel Store in Affluent Area. This 1600 sq. ft. home town deli is located in a fully occupied shopping center in the heart of town. They have been serving the local clientele for over 20 years. They are well-known in this tight-knit community as the ''go-to'' deli for great breakfast, lunch and catering orders. They cater to local schools and fire departments. They currently average approx. $8,500/wk in sales with gross sales of approx. $442,000.00 in the past year and a net income of approx. $84,500.00. THEY ARE ONLY ASKING $99K. THAT IS LESS THAT 1.25 X'S CASH FLOW! The current owner is selling as he would like to move. They have 15 years remaining on their lease with only 3% yearly rent increases. There is parking for well over 150 cars. This really is a steal. We are looking for serious buyers with some deli experience. Call or email Mel Vaz today at 631-909-1095 to learn more!
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