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Established Eastern European Specialty Market/Deli And Bakery For Sale

Suffolk County, New York, US
Asking Price:
$1,100,000 Furniture / Fixtures included
Sales Revenue:
$1,560,000
Cash Flow:
$550,000

HS Listing ID-71717

BUSINESS HIGHLIGHTS:

• Established specialty food market serving the Polish, Ukrainian, and Eastern European communities for approximately 40 years

• Verified annual POS revenue of approximately $1.56 million with over 46,000 annual customer transactions

• Long-term lease in place through approximately 2041 with below-market occupancy costs

• Strong mix of grocery, deli, bakery, prepared foods, fresh meats, and imported specialty products

• Approximately 20 dedicated parking spaces providing easy customer access

• Loyal repeat customer base with limited direct competition in the immediate market

• Commercial smoker included with potential to expand prepared food and specialty meat offerings

• Strong holiday and seasonal sales driven by established community relationships and specialty product demand

TOTAL ANNUAL GROSS REVENUE:
$1,556,794

TOTAL ANNUAL NET INCOME (SELLER STATED):
$550,000

ANNUAL EXPENSES:

Rent:
$63,000

Insurance:
$16,800

Electric:
$16,800

Phone / Internet:
$4,200

Credit Card Processing Software:
$600

Payroll (Estimated):
$364,000

Other Expenses Annual Total:
$40,000

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$63,000 per annum

Business Operation

Reasons for selling:

Other business interests.