Hot Listing
Queens’ Hidden Gem Sandwich Shop – High Profits, Loyal Customers
Business Description
ESTABLISHED DELI & SANDWICH SHOP - QUEENS, NY
Peter's Deli in College Point presents an exceptional investment opportunity in the thriving Queens market. This well-established business has been serving the community since 2012, building a strong reputation and loyal customer base over 12+ years of consistent operation.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $780,000
• Cash Flow (SDE): $300,000 (38.5% margin)
• Weekly Gross Income: ~$15,000
• Low operating expenses maximize profitability
LOCATION ADVANTAGES:
• Prime College Point location on busy boulevard
• Surrounded by single-family homes, multi-family residences, and condominiums
• Strong neighborhood foot traffic from residential density
• Excellent visibility and accessibility
LEASE TERMS:
• Current rent: $3,247/month (exceptionally low for Queens market)
• New 10-year lease available with 5+5 renewal option
• Long-term stability and flexibility for growth planning
BUSINESS FEATURES:
• Turnkey operation ready for immediate takeover
• Established customer base with strong community ties
• Consistent revenue stream with growth potential
• Low overhead structure enhances profitability
• Inventory included in sale
• Ideal for owner-operators or investors
This profitable deli combines the stability of an established business with the growth potential of a prime Queens location. The combination of strong financials, favorable lease terms, and excellent location makes this a rare find in today's market.
Detailed financial statements and additional information available to qualified buyers upon request.
Asking Price: $399,999
Call Broker Steve
Peter's Deli in College Point presents an exceptional investment opportunity in the thriving Queens market. This well-established business has been serving the community since 2012, building a strong reputation and loyal customer base over 12+ years of consistent operation.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $780,000
• Cash Flow (SDE): $300,000 (38.5% margin)
• Weekly Gross Income: ~$15,000
• Low operating expenses maximize profitability
LOCATION ADVANTAGES:
• Prime College Point location on busy boulevard
• Surrounded by single-family homes, multi-family residences, and condominiums
• Strong neighborhood foot traffic from residential density
• Excellent visibility and accessibility
LEASE TERMS:
• Current rent: $3,247/month (exceptionally low for Queens market)
• New 10-year lease available with 5+5 renewal option
• Long-term stability and flexibility for growth planning
BUSINESS FEATURES:
• Turnkey operation ready for immediate takeover
• Established customer base with strong community ties
• Consistent revenue stream with growth potential
• Low overhead structure enhances profitability
• Inventory included in sale
• Ideal for owner-operators or investors
This profitable deli combines the stability of an established business with the growth potential of a prime Queens location. The combination of strong financials, favorable lease terms, and excellent location makes this a rare find in today's market.
Detailed financial statements and additional information available to qualified buyers upon request.
Asking Price: $399,999
Call Broker Steve
About the Business
- Years in Operation
- 14
- Employees
- 2 Full-time
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,247.00 per month
Listing Info
- ID
- 2510038
- Listing Views
- 186
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2510038 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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