Well Established Deli In Prime Nassau Location For Sale

Business description

Incredible opportunity to own well established since 1913 deli/catering business situated in prime Nassau County location. Business offers breakfast, lunches and does catering to nearby businesses and serves variety of hot and cold sandwiches, salads, soft drinks, coffee and other deli items. Business open 7 days from 6am to 6pm Mon-Sat and 7am to 5pm on Sun. Easy, turnkey business to run. Do not miss this opportunity.

Property information

Real Estate:

Lease

Location:

Business located on busy shopping strip in Nassau County in the upper income neighborhood surrounded by professional office buildings and occupies aprox 1000 sqf + 1,000 sqf basement used as a storage at low rent $3,000 includes tax. Lease expire 2016 + 10 year option. Ample parking

Other information

Expansion potential:

Prior to 2008 recession business grossed over $900K per year. Due to owner's health condition business is operated by the manager and semi to mostly absentee owner. If the business operated by actively involved owner he should be able to increase sales and net profit by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding beer and cigarettes could increase business as well.

Support & training:

Will train

Reasons for selling:

Health issues

Trading hours:

Mon-Sat 6am-6pm, Sun 7am-5pm

Owner financing:

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

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$5,000