Established Eastern European Specialty Market/Deli & Bakery - Business for Sale
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Eastern European Market, Deli & Bakery in Suffolk County, NY
NY, US
Added today
Specialty Food Market and Deli
Specialty market, deli, and bakery serving Polish, Ukrainian, and Eastern European communities located in Suffolk County, NY.
Key Information
Asking
$1.1M
Revenue
$1.6M
Earnings
$550K
Multiple
2.0x
Key Highlights
- Specialty food market serving Polish, Ukrainian, and Eastern European communities for approximately 40 years
- Seller-stated annual net income: $550,000
- Annual expenses include rent ($63,000), insurance ($16,800), electric ($16,800), phone/internet ($4,200), credit card processing software ($600), payroll (estimated $364,000), and other expenses ($40,000)
- Over 46,000 annual customer transactions
- Long-term lease in place through approximately 2041 with below-market occupancy costs
- Approximately 20 dedicated parking spaces included
- Commercial smoker included as an asset
Contact Info
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