Delicatessen in Densely Populated Area

Queens County, NY

Asking Price: Annual Revenue:
$250,000 $520,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Delicatessen in Densely Populated Area Broker: Marie Goldstein

Quick Facts

Asking Price: $250,000
Annual Revenue: $520,000
Net Profit: Not Disclosed
Cash Flow: $263,280
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 3
BBN Listing #: 7254447
Broker Reference #: 13719 Goldstein

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Business Overview:

This Deli-Grocery has an interesting story behind it. It is situated in the heart of a heavy Greek-Italian neighborhood and the ownership has not catered to these ethnic groups at all. Despite this fact the store is still very profitable. In a very densely populated neighborhood there is not a deli or grocery within several blocks therefore the store has considerably more potential but is priced reasonably for what business it generates right now. It also has developed a great lotto trade. This is a great catch for a good operator.

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Reason for Selling:

owner is retiring

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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