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29-02 36th Ave

Astoria, NY 11106
  • $350,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 3506629
UPDATED: 120 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Business Opportunity
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School Ratings & Info

Description

Exciting Business Opportunity in ASTORIA! This thriving ethnic deli located on a bustling 36th avenue in the heart of Astoria is now available for acquisition. Priced very fairly, there is room for negotiation. This established deli consistently generates an impressive annual revenue of about 1,000,000$. After covering all expenses the approximate net income is about 225,000$. There is 5 years remaining on the lease with extension possibility. KEY HIGHLIGHTS -PRIME LOCATION: Situated in the vibrant neighborhood of Astoria, this deli benefits from high foot traffic and a loyal customer base. -PROFITABLE OPERATION: With a strong track record of consistent earnings, this business offers a stable income stream. -ETHNIC DELICACIES: Specializing in Bangladeshi/Asian cuisine, this deli provides an authentic and unique dining experience. -WELL-EQUIPED: The business comes fully equipped with all necessary fixtures and equipment, making it turn key for the next owner. - GROWTH POTENTIAL: There are opportunities to further expand the menu, catering services, and online presence to maximize profits. Don't miss out on this fantastic chance to own a successful deli in Astoria.

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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2023-12-06T00:18:25.807.
www.sheilestate.com/homes/143723986
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29-02 36th Ave Astoria, NY 11106

  • Price: $350,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 120 min ago
  • MLS #: 3506629
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Queens
County:
Queens
Area:
Queens
Property Description
Exciting Business Opportunity in ASTORIA! This thriving ethnic deli located on a bustling 36th avenue in the heart of Astoria is now available for acquisition. Priced very fairly, there is room for negotiation. This established deli consistently generates an impressive annual revenue of about 1,000,000$. After covering all expenses the approximate net income is about 225,000$. There is 5 years remaining on the lease with extension possibility. KEY HIGHLIGHTS -PRIME LOCATION: Situated in the vibrant neighborhood of Astoria, this deli benefits from high foot traffic and a loyal customer base. -PROFITABLE OPERATION: With a strong track record of consistent earnings, this business offers a stable income stream. -ETHNIC DELICACIES: Specializing in Bangladeshi/Asian cuisine, this deli provides an authentic and unique dining experience. -WELL-EQUIPED: The business comes fully equipped with all necessary fixtures and equipment, making it turn key for the next owner. - GROWTH POTENTIAL: There are opportunities to further expand the menu, catering services, and online presence to maximize profits. Don't miss out on this fantastic chance to own a successful deli in Astoria.
Exterior Features

Cross Street 29th Street

Property Features

Business Age 10 Business Located At 36th Avenue 29th Street Business Name Itadi Business Type Deli/CateringMixed Current Use CommercialFood ServiceMixed UseRetail Gross Income 1080000 Lease Expiration 2028-12-01 MLSArea Minor 11 Net Operating Income 213000 Operating Expense 72223 Potential Rental Income YN No Property Sub Type Mixed Use

Listing courtesy of Sylva Ahmed of Elite Synergy Realty Inc: 516-492-3555
© 2023 OneKey MLS. All rights reserved.


© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2023-12-06T00:18:25.807.
 
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