North Shore Suffolk BUSY Deli

New York (Suffolk)

  • Asking Price: $229,000
  • Gross Income: $1,200,000
  • Cash Flow: $150,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $300,000
  • Listing ID: #213475
  • Established: Not Disclosed
  • Employees: 12

Business Description

This deli has been in operation for decades and has been the go-to place in a AAA DESIRABLE- UPSCALE-AFFLUENT area. The owner is ready to retire after making MILLIONS over the years and is ready to pass on the baton. HUGE POTENTIAL because this deli was doing a solid $50,000 weekly but towards the end of his career, he has let it go and now doing $22,000-$24,000 weekly. That said he is still netting $150,000 per year. It has 25 seats and 1,700 square feet with a full basement. The location cannot be better. The owner is very transparent, and easily makes $150,000. SELLING LESS THAN 2X NET. Please refer to listing #14113 when inquiring about this listing.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York
County: Suffolk

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $229,000
Gross Revenue: $1,200,000
Cash Flow: $150,000
FF&E: $300,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Ken Stein

Kensington Company & Affiliates