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Asking Price$200,000
Revenue$660,000 Established2015
Cash Flow$140,000 Employees2 full, 1 part
FF&E$150,000 FranchiseNo
Inventory$60,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 32777

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 1400 sq ft 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 1200 sq ft 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. There is no competition for at least five blocks,and even though the deli has been closed during the recent pandemic- his numbers have gone UP 10%.Please contact Ross Lombardo at 877-735-5224

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Training/Support:Seller will train
Sale Reason:Other businesses
Ad #123304
Seller Reference #32777
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