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Busy Deli & Convenience Store In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$550,000 (USD) Inventory / Stock included
Sales Revenue:
$724,000 (USD)
Cash Flow:
$97,950 (USD)

This 25-year-old deli and convenience store is located in the hub of a very busy neighborhood on Long Island. Seller wants to retire. He would like to sell the property, as well- which has two apartments, each giving $2800 a month in rental income, for 12 years. There is an opportunity to expand the deli, which could be converted into a nice mini supermarket. Seller looking to sell the business with property for $550,000, with a downpayment of $250,000, and note being held by the seller. Business alone is being sold for $100,000. Property is offered for sale through PMTG Realty. Deli does around $14,000 a week in gross sales. Lotto can be added to increase revenue. Do not miss this great business with property.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers

Business Operation

Reasons for selling:

Retiring

Employees:
2FT/2PT
Years established:
1997

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

300,000.00 Down & $250,000 down seller will hold a note.

Furniture / Fixtures value:
$40,000 (USD)
Inventory / Stock value:
$15,000 (USD) - included in the asking price

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