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Business for Sale Summary

Established Deli & Grocery in Queens County, NY - 32351

Business Type: convenience store,delicatessen/catering services,general merchandise store,green grocers / fruit sellers,other food stores,supermarket
Established Deli & Grocery in Queens County, NY
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This business has received 42 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $310,000 Down Payment $230,000
Gross Revenues $988,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$230,000 Down and 80K over 2 years @ 5%

Business Description

Long Established (30 years) neighborhood deli/grocery /market. Family run- 2 brothers plus 3 FT employees. Hot and cold breakfast, lunch and dinner. Corner location at a bus stop- requires two (2) ATM machines generates over $1,000 per month on commissions. $30,000 in average annual lotto commissions- no scratch off inventory. Some local catering to churches etc. 2 walk in boxes. Expects to get food stamp license within 30 days. Good landlord with give buyer a lease extension or new long-term lease. Camera system. 3 long and wide aisles filled plus long deli display cases and wall refrigerated cases. Full 2800 sq. ft basement. Health issues forced quick sale. Significant discount for all cash buyer. Contact broker Joseph Stansky for more details on this profitable business. Seller will accept a discounted all cash offer (no notes) of $270,000.

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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.