Deli & Caterer At A Public Park
Location New York,United States
Asking Price Range < $250K
Gross Revenues $338410
Net Profit / Cash Flow $52477
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Retiring
Description Deli & Caterer at a Public Park. This is an A location with plenty of parking and 1,800 sq. ft. of space (plus an 1,800 sq. ft. basement). It is actually connected to a large Nassau Co. public park. There is a tremendous amount of traffic here throughout the Spring and Summer. You MUST visit this location to see the opportunity. There are 8 years left on the current lease with a rent of only $3,171/mth and only 2% annual rent increases. They have town garbage pickup. This deli has been established for over 30 years with the current owner being there for the past year. He re-opened it after it had been closed and spent the last year re-building. They currently average a verified $8,000/wk. That figure goes as high as $10K-$12K in the Spring and Summer. In the past year the business grossed approx. $416,000.00 with a net income of approx. $52,000.00. New owners can continue to build. We are looking for a buyer with some vision. Call or email Mel Vaz today to learn more at 631-255-7300. This business will not stay on the market. Seize the opportunity before you miss out!
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