Established Deli & Convenience Store For Sale

Business description

This Deli /Convenience Store has been "Established" for over 14 years and is located in Eastern Suffolk on the North Shore. It is a "Freestanding" Building with "High Exposure," plenty of parking, a "Full Basement" (1200 sq ft + 1200 sq ft basement) and seating for 6-inside and 12-outside. Most of the Kitchen equipment was replaced "New" approximately 1-1/2 yrs ago. The Deli has 3-small isles of convenience products, an On Premise “Beer & Wine License,” and an Alarm and "Surveillance System." This Deli used to have "Lotto" about 10-yrs ago. It can easily be added back to the business to increase the customer traffic and the net profit of the business. The Lease is 10 1/2 yrs with a monthly rental of $3,890 (includes taxes, goes up 4% per yr).
Seller will finance with 60% down to an experienced buyer. The Price is "Negotiable" for a "Quick Sale."
**Seller Motivated** **Good Location** **Free-Standing Building**

Property information

Premises details:

It is a "Freestanding" Building with "High Exposure," plenty of parking, a "Full Basement" (1200 sq ft + 1200 sq ft basement) and seating for 6-inside and 12-outside. Most of the Kitchen equipment was replaced "New" approximately 1-1/2 yrs ago. The Deli has 3-small isles of convenience products, an On Premise “Beer & Wine License,” and an Alarm and "Surveillance System."

Other information

Expansion potential:

There is plenty of room to increase sales. The seller is ill and does very little advertising. Also, this Deli used to have "Lotto" approximately 10-yrs ago. It can easily be added back to the business to increase the customer traffic and the net profit of the business.

Competition / Market:

"Freestanding" Building with "High Exposure," plenty of parking, a "Full Basement" (1200 sq ft + 1200 sq ft basement), located in Eastern Suffolk on the North Shore.

Support & training:

Seller will train

Reasons for selling:

Seller has Health Problems

Trading hours:

Open 7-Days from 6am-7pm, Sat. 7am-7pm, Sun. 8am-6pm

Owner financing:

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

Financing available:

Seller will finance with 60% down to an experienced buyer. The Price is "Negotiable" for a "Quick Sale."

Furniture / Fixtures value:

$125,000 (included in the asking price)

Related documents:

• 
• Confidentiality Agreement