Listing ID: 13487

Business Overview

With a 12-year lease, this business offers excellent stability and longevity. You can buy with peace of mind knowing that the future of your business is secure, and you can focus on growing and expanding it.

This massive 2,800 SQ FT location, along with a full basement for additional storage, offers endless opportunities for a new owner to get creative and maximize the area. You can take advantage of this space and tailor it to your unique vision, creating a truly one-of-a-kind business.

With an impressive legacy spanning over 60 years, this restaurant has become an integral part of the community fabric, cherished by generations of locals. Established in 1963, it has become a household name, firmly embedded in the hearts of the neighborhood.

The undeniable value of this location is further underscored by its feature in the renowned documentary “Deli Man,” highlighting its enduring significance and long-standing reputation.

Acquiring this business provides a rare chance to join forces with a well-received and highly respected establishment.

Enjoy the peace of mind that comes with inheriting a business built on trust, loyalty, and recognition. This opportunity not only allows you to preserve the existing reputation but also presents an exciting prospect for future growth and expansion, building upon the strong foundation already in place by pushing social media platforms & its online presence which the current owner is not pushing

Located on a busy road in Nassau county, this business is in close proximity to multiple schools, parks, and a plethora of small and large businesses. With such a prime location, this is an excellent chance to enter a bustling neighborhood and run a successful business.

With seller financing available with a $100,000 down payment, the owner’s confidence in the business’s success is evident. Seize this opportunity to embark on your entrepreneurial journey in the restaurant industry, with minimal startup costs and risks.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $189,999
  • Cash Flow: $162,400
  • Gross Revenue: $960,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1972

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:2,800
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Longstanding restaurant and deli on a major throughfare. Street parking is accessible to customers. Restaurant is walking distance from a residential neighborhood and sits alongside many businesses.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Inside features seating for up to 50 guests and a deli counter. Equipment includes two walk-in boxes and a full kitchen. Customers can choose from dine-in, take-out, delivery, and catering services.

Opportunities and Growth:

Massive catering business during the holidays and not currently licensed for beer or wine. Restaurant has low online presence.