Established Eastern European Specialty Market/Deli And Bakery For Sale - Business for Sale
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Eastern European Specialty Market and Deli in Suffolk County, NY
NY, US
Added today
Specialty Food Market and Deli
Specialty food market, deli, and bakery serving Polish, Ukrainian, and Eastern European communities in Suffolk County, NY, operating for approximately 40 years.
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, other expenses: $40,000
- Over 46,000 annual customer transactions
- Long-term lease 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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