Italian Deli in Long Island City, NY

Restaurant · Fast Food Restaurants

Asking Price

$175K

Cash Flow

$100K

Gross Revenue

$1.0M

EBITDA

$52K

Location

Long Island City, NY

This Italian deli generates substantial daily revenue from its in-store sales of prepared foods and specialty retail items. An established off-premise catering division provides an additional, high-margin income stream. Currently operating under absentee ownership, the business benefits from a high-traffic location on a main thoroughfare. Its long-standing community presence, spanning over five decades, ensures a consistent customer base and strong brand recognition. This turnkey operation offers a new owner immediate entry into a well-regarded local food business.