Nassau, New York, United States
| Asking Price: | USD $159,000.00 |
| Gross Income: | USD $325,000.00 |
| Cash Flow: | USD $100,000.00 |
| Fixtures & Fittings: | USD $100,000.00 |
| Stock & Inventory: | USD $10,000.00 |
| Owner Financing: | Yes |
| Finance Available: | 50% DOWN |
| Year Established: | 1950 |
| Trading Hours: | M-F 6-6 SAT 6-3, Owner Hours: 20 |
| Employees: | Full Time: 2, Managers: 1 |
| Terms of Sale: | Share Capital |
FULLY RENOVATED ULTRA-MODERN DELI ON A MAIN STREET OF A NORTHERN NASSAU COUNTY TOWN. This well-known corner location has existed as a quality deli for at least 60 years. Rebuilt from the ground up last year it is poised for an experienced owner/operator to break into the next level with an exceptional location and beautifully functional facilities.
Historical Summary
In business since 1950
Owner Qualifications
Experience in Deli operation
Expansion Potential: UNLIMITED - Current owner has yet to maximize growth potential
Competition & Market Info: Not an Issue. It has Great location and spectacular facilities.
Reasons for Sale: RETIREMENT- ENTERING NEW INDUSTRY
Support & Training: SELLER WILL COMPLETELY TRAIN
Property Type: Leasehold
Lease Terms: NEW 15 YEAR LEASE
Leasehold Rent: Lease Security $5,000, Monthly Rent $2,600
Premises Details: 1200 SQUARE FEET WITH A FULL BASEMENT- CORNER STOREFRONT ON A MAJOR NORTHERN NASSAU STREET.Recently completely gutted and totally renovated.Everything is brand new -even the pots and pans at a cost of $190,000. Has sprinkler system,alarm system and camera system - NO EXPENSE WAS SPARED.
Size (Sq m or ft): 1200 sq ft
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