HS Listing ID-71071
Business Overview
This is a well-established and highly profitable neighborhood deli and grocery store located in the heart of Western Queens, generating strong revenue and consistent cash flow.
The business has built a loyal customer base and strong local reputation through quality deli offerings, convenience products, lottery sales, beer, tobacco products, e-cigarettes, and everyday grocery essentials. The store benefits from consistent foot traffic and diversified revenue streams.
Operations include:
- Full deli and grocery operation
- Lotto sales generating approximately $50,000–$60,000 monthly
- Beer sales
- Tobacco products
- E-cigarettes and vape products
- ATM and convenience sales
The business currently operates with:
- 2 employees
- Established neighborhood clientele
- Streamlined day-to-day operations
The business presents a turnkey opportunity for an owner-operator or investor seeking a stable, cash-flowing retail operation in a dense residential market.
Financial Metrics
- Asking Price: $300,000
- Gross Revenue: ~ $750,000
- Estimated Net Income: ~ $140,000
- Inventory: ~ $40,000 (not included in asking price)
- Rent: ~ $4,500/month (includes water & gas)
- Lease Remaining: 8 years
Strong neighborhood presence and repeat customer base
Diversified revenue streams including lotto, beer, tobacco & deli sales
Financials available upon request with POF & Buyer Bio
Growth Potential
- Expand prepared food and hot food offerings
- Increase delivery and online ordering presence (Uber Eats, DoorDash, etc.)
- Extend operating hours to maximize sales
- Expand catering and local business partnerships
- Increase product selection and specialty inventory
- Leverage local marketing and social media advertising
Transition Period
he owner is willing to provide a smooth transition period to assist with:
- Vendor introductions
- Operational workflow
- Customer transition
- Daily business procedures
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
