Landmark Deli & Catering Hall For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $968000
Net Profit / Cash Flow $250365
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Other business interests.
Description This Landmark Delicatessen/Catering Hall for sale has been located on a main road in a high traffic area of Suffolk County for 52 years. It has the perfect set up, a deli with its own catering hall. The business has an excellent reputation in both and a large loyal following. It offers traditional deli items as well as catering delivered to customer's homes for parties, bbq's, etc., and catering in the delis catering hall which is very popular especially during the winter months. Owners other business interests create this excellent opportunity for the right person. Grossing $968,000 1/2 Deli 1/2 Catering with a net of approx $250,000. Asking $525,000 with only $175,000 down and $350,000 over 15 years which are the best terms you will find. Includes 2 delivery Trucks and off premise catering license. If you're looking for a well established deli with a large added revenue flow through catering then this is a definite must see so inquire now.
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