Busy Deli and Grocery in Queens County, NY-32777

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$275,000 $600,000

Food & Beverage: Grocery & Food Stores

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RE: Busy Deli and Grocery in Queens County, NY-32777 Broker: Ross Lombardo
Owner Financing is Available!
$200,000.00 Down & $75,000 at 7% over 36 months.

Quick Facts

Asking Price: $275,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 80354447
Broker Reference #: 32777

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Business Overview:

This attractive deli and grocery store is located in a very busy and very desirable location in Queens. It has been in business for 30 years and the current owner has owned it for 5 years. He made major improvements to the 1,400 square feet store by adding state of the art equipment including a 6 foot cooking hood with a fryer and flat top grill which is located in the front of the store. They also have an 8 door glass fridge and a 4 door back loaded fridge ideal for restocking beer and other beverages. Also included is a very large walk in fridge, and two low boy freezers. The entire space is extremely clean and professionally designed to sell a lot of product. A large 1,200 square feet basement has ample amount of storage space. The revenue streams are endless including the sale of vital food items, as well as beer and wine, Lotto, cigarettes and other tobacco products, a electronic vape license, an ATM machine, an Easy Pay Payment center machine and even a copy machine. Lotto alone pays for the very reasonably monthly rent. Landlord will offer a new 10 year lease and he also has a 3 bedroom apartment for rent in the building. Seller is very motivated to sell because they need to move out of state. Please contact Ross Lombardo. Please use email reply button of this ad to contact us.

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Reason for Selling:

Other businesses.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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