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Listing Number: 3461

Catering/Food stores Business for Sale in Suffolk County, New York

Business:Catering/Food stores Business for Sale
County, State: Suffolk County, New York
Business Type: Delicatessen/Catering Services, Other Eating & Drinking Places, Other Food Stores

Summary Description

This well established, high volume Market /Delicatessen includes its real estate which is a corner rectangular 1/3 of an acre lot located on a busy main road, with plenty of its own parking, in Eastern Suffolk. The store is 1600 sq ft, set up perfectly in excellent condition and includes a full basement, walk in fridge and much more. Owners retirement creates this excellent opportunity for the right person to buy this business, have it pay for the building and property, and still make a very good 6 digit income which is rare today because of the high price of real-estate. Grossing $1.15 million and a net cash flow of $225,000. Asking $1.3 million with $500,000 down this is a definite must see so inquire now.

About the Sale

Asking price:$1,300,000 (USD)

Financing:$500,000 down and $800,000 @ 85 over 12 years.

Total Revenues:$1,114,000 (USD)

Cash Flow:$284,030 (USD)

Reason Selling:Retirement

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.