HS Listing ID-72201
Asking Price: $230,000
Gross Revenue: $600,000
SDE (Seller’s Discretionary Earnings): $202,640
Net: $112,680
Owner Salary: $89,960
Total SDE: $202,640
Annual Expenses (high-level):
Payroll (family, excl. owner): $156,000
Rent: $48,000
Utilities (electric, gas, cable, garbage): $22,800
Insurance (liability + workers’ comp): $4,560
Supplies/COGS (food, beverage, paper goods): $148,800
Marketing/Advertising: $0
Repairs & Maintenance: $5,200 (linen/uniform service)
Business Summary:
A well-established, family-operated Italian deli in a high-traffic Nassau Shores location, open seven days a week with both indoor bar-top and outdoor seating. The business has built a loyal local customer base over many years and shows consistent seasonal growth, with summer months significantly outperforming winter months. The current owner is looking for a swift transition due to a family health matter.
Business Highlights:
In business since 2019.
Staff comprises of Owner, Family Members and seasonal staff (employees who are home from college for the summer).
Operating Hours: 6:00 am to 5:00 pm, 7 days a week.
4 years remaining on lease, with good landlord open to extension (potential to buy the property in the future).
Long-standing, well-known neighborhood deli with a loyal customer base
Favorable lease in year 6 of a 5+5 term, with extension available
Outside seating – no indoor seating.
Growth Opportunities:
Formalize and market catering services, currently generating meaningful revenue with zero advertising spend
Expand and optimize third-party delivery platform presence (DoorDash, Uber Eats, etc.)
Opportunity to modernize bookkeeping and systems to support future growth and financing
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
