Ethnic Grocery Store for Sale in New York

Suffolk County, NY
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Asking Price:$399,000
Gross Revenue:$720,000
FF&E:$120,000
Cash Flow:$125,000
Inventory:$100,000
Established Year:2022
BUSINESS DESCRIPTION

LISTING ID # 36013

An Indian, Bangladeshi, Pakistani, along with other Muslim community grocery store , is located in a hub of a Community in Suffolk County, New York. The size is 2400 sq. ft. The lease is for 25 years, and the rent is $5,000. Halal meat sells very well with a 40% profit margin. The other grocery items also do well. The inventory is worth $100,000, and is included in the asking price. The store has enough space to start a take-out halal food section. The seller no longer wishes to commute everyday to the store. After paying all the expenses, the seller's net cash flow is $125,000. Call the broker for more information.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
4
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