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Highly Profitable Deli In Queens For Sale

Queens, New York
Asking Price:
$199,000 (USD)
Sales Revenue:
$400,000 (USD)
Cash Flow:
$80,000 (USD)

This is a great opportunity to own a well-established (over 45-years in business) in a high traffic commercial location with a huge potential. The fully equipped store is absentee operated, serving only breakfast and lunch. The owner lives out of state and is looking to retire.
This absentee business has annual sales of about $400,000 per year with a cash flow of approximately $80,000. This is a highly profitable business that has a great potential for growth and a perfect opportunity for an owner-operator who has the potential of making a lot more money.
The deli is over 1,000 sq. ft. (plus finished basement with walk-ins, prep and storage area). The current rent is only $5,800 per month (inclusive of real estate tax) with the lease terms extended until 2023. The landlord will provide a longer term lease to a qualified buyer.
The business is turn-key opportunity with over $75,000 in restaurant equipment. The business has a fully trained staff to make money for the new buyer from day one.
This is a great opportunity that won’t last long!

Asking Price $199,000
Gross: $400,000
Cash Flow $80,000

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