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Advert Ref: 089

Deli "14 yr Lease" For Sale

Details: Asking price:$120,000; Sales revenue:$226,000; Net profit:< $250k; Fixtures value:$125,000; Inventory value:Undisclosed

Business description: This "Newly Renovated Deli" is located in the "heart of town" on a Main Street, next to a large municipal parking lot on Nassau County's South Shore. It is an "Immaculate" 800 sq. ft. store with a full basement with a new 4-camera Surveillance System, alarm system and a new private office. The sales are estimated based on the fact that it is only open 8-months and is currently doing $4,400 per week in gross business. It has a “Great 14-yr lease" @ $3,071 per month and is "Priced to Sell" at only $120,000.

General information: Years established:2007; Employees: 1 F/t 4 P/t; Trading hours: 7 days; Real Estate: Lease; Lease terms: It has a “Great 14-yr lease" @ $3,071 per month and is "Priced to Sell" at only $120,000.; Location:800 sq. ft. store with a full basement with a new 4-camera Surveillance System, alarm system and a new private office. It has a “Great 14-yr lease" $3,071 per month; Expansion potential:Plenty of room for growth, the owner has not done any real advertising yet.; Support & training:Yes; Reasons for selling:Personal; Financing available?Maybe? Seller prefers a cash out offer; Related documents: Click here to view related document