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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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,458 | $1,897 |
Total Monthly Payment | $1,572 | $1,533 | $1,972 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.