Deli Store for Sale in Fresh Meadows

Fresh Meadows, NY
listing image
Asking Price:$160,000
Inventory:$25,000
Gross Revenue:$360,000
BUSINESS DESCRIPTION

Gross: ~$30,000 /month
SQ. FT: 1,000
Parking: street
Lease expired: in 5 years, possible new lease
Inventory: $25,000
Equipment: $15,000
Beer License: yes
Cigarettes License: yes
Years in business: 35 years
Open hours: 7:00am - 9:30 pm

Expenses:

Rent: $4,200/mon, property taxes included
Annual rent increase: $100
Gas + Electricity: $700/mon
Insurance: $150/month
Number of employee: 1.5
Payroll: $5,000/mon
Owner absentee

NY lottery service:
$4,000/month commission

Net: ~ 4,000/mon

Asking: $160,000 all cash deal

Please text your inquiry ! Thank you !


DETAILED INFORMATION
Location
Fresh Meadows, NY
Inventory
Included in asking price
Employees
1.5
Growth & Expansion
Breakfast and lunch
Financing
This all cash deal
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May
Tru International Realty Corp