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Business for Sale Summary

Busy Deli and Grocery in Queens County, NY - 32777

Business Type: convenience store,seller financing available,delicatessen/catering services
Busy Deli and Grocery in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $200,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and 100K at 7% over 36 months

Business Description

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. Please contact Ross Lombardo at 877-735-5224

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.