Business For Sale

Profitable Deli Luncheonette/Strong Catering

Forest Hills, NY
Queens County

Asking Price: Annual Revenue:
$400,000 $1,279,432

Food & Beverage: Catering, Food Preparation

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RE: Profitable Deli Luncheonette/Strong Catering Broker: Marc Lazarus
Owner Financing is Available!

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,279,432
Net Profit: Not Disclosed
Cash Flow: $258,233
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 10
BBN Listing #: 18950121
Broker Reference #: 1364940

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Business Overview:

Strong performer for many years.

This Deli has been in existence for over 30 years.
Does an amazing walk in business.
It has been a money maker since inception due to it's prime location.
They have many corporate accounts and does a huge business in off premises catering.

Only top of the line food served as they cater to high end clients concerned more with quality than price.

Has a great staff in place.

He welcomes an observation period with a good faith deposit.

This is a money maker priced to sell at only 2x earnings!

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Property Features and Assets:

Lease Rate: $69 per SF/Year. 1,900 SF. Lease expiration: 4/4/2029 This deli is on a very busy street in Forest Hills-Kew Gardens neighborhood of Queens, NY. It is 1,900 square feet plus a full basement. Fully equipped with 10 burner stove, ventilation hood, walk in box, 4 freezers, deli cases, POS system etc. Seats 40. Exceptional lease for the area with 12 years remaining.

Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • The owner is 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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