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Local Deli/convenience Business In New York For Sale

New York, US
Asking Price:
$895,000 Inventory / Stock included
Sales Revenue:
$2,103,000
Cash Flow:
$277,000

LISTING ID # 34500

This well-known Deli & convenience store is doing business in a busy commercial and residential neighborhood on Long Island. Its gross sales are 2.1 million a year. Rent is $4800 a month; a 10-year lease. A free standing building, with its own parking lot. The seller owns several businesses; wants to retire; willing to finance. a real money-making business. The seller's net cash flow, after excluding all the expenses, is over $275,000 a year. Call for more information.

Business Operation

Reasons for selling:

Personal

Employees:
7 FT/25 PT
Years established:
25

Other Information

Support & training:

Seller will train

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

550,000.00 Down & A note of $345,000 at 6% for 5 years.

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$10,000 - included in the asking price