Established Supermarket for Sale in NY
Asking Price: | $525,000 |
Gross Revenue: | $1,040,000 |
FF&E: | $150,000 |
Cash Flow: | $151,000 |
Inventory: | $40,000 |
Established Year: | 1994 |
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.