Established Convenience Store and Deli in Queens, NY
Financial Details
- Asking Price:
- $350,000
- Annual Revenue:
- $726,000
- Cash Flow / SDE:
- $102,794
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.4x
- Location:
- Queens, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established convenience store and deli, operating for 25 years in a prime, high-traffic area of Queens County, NY. The business boasts consistent performance with daily gross sales exceeding $2,000 and a healthy seller's net cash flow of over $8,000 per month. Its diverse product offering includes breakfast, lunch, beer, cigarettes, EBT services, and a wide range of household merchandise, catering to a heavily populated surrounding area. The lease terms are favorable with a monthly rent of $2,000 and a 5-5-5 lease structure. Seller financing is available, making this a compelling opportunity for an entrepreneur looking to acquire a stable and profitable retail business. The owner is selling due to personal reasons.
Industry Information
- Industry Description:
- Convenience Store and Deli
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2000
- Reason for Selling:
- Personal Reasons
Real Estate & Lease
- Status:
- Available_on_request
- Monthly Rent:
- $2,000 USD
Listing Details
- Listing ID:
- af4fd164-5b18-4303-8cb1-c4aaa406a009
- Source Listing ID:
- 30642
- Deal Status:
- For Sale
- Date Posted:
- April 21, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD