Established Supermarket for Sale in NY

Queens County, NY
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Asking Price:$525,000
Gross Revenue:$1,040,000
FF&E:$150,000
Cash Flow:$151,000
Inventory:$40,000
Established Year:1994
BUSINESS DESCRIPTION

LISTING ID # 34342

A 30 years old, very popular supermarket is located in a densely-populated area in Queens. Rent is just $3,000, with a 15 years lease. The business has lotto, beer, cigarettes, meat, breakfast,& lunch, etc. The business is at a great location; in fact, it is the only place where all the residents do their daily shoppings, regularly. Its gross sales are over $20,000 a week. Has a very loyal clientele. The seller is planning to move to another state. The seller's net cash flow, after paying all the expenses, is over $150,000 a year. Call the broker for more information.


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Personal
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd