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Listing Number: 2112

Retail Business for Broker in Suffolk County, New York

Business:Retail Business for Broker
County, State: Suffolk County, New York
Business Type: Routes, Retail

Summary Description

Well established, popular premium brand provision route. Primarily premium meats such as ham, turkey, beef products, chicken, salami, franks, bacon, ribs, cutlets etc. Also eggs, cream cheese, salads, sausage etc. Almost 100 protected accounts in Nassau-Suffolk. Two trucks service delis, restaurants, commissaries and superettes. $40,000 per week in sales. 5 day business which is home based. Orders are phoned or faxed in daily. Buyer must have previous deli, food service or meat product background and pass detailed screening by the Company. Company requires 6 week out of town training. Buyer must have excellent credit and financing. Buyer is required to pay brokerage commission on purchase of the business.

About the Sale

Asking price:$950,000 (USD)

Financing:$600,000 down and $350,000 7 years at 7% personally guaranteed

Total Revenues:$2,080,000 (USD)

Cash Flow:$450,300 (USD)

Reason Selling:N/A

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Retail, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.