Supermarket. Amazing Financing.High Foot Traffic.LOW RENT.25 Yr Lease.
Bronx County, NY
| Asking Price: | $2,300,000 |
| Gross Revenue: | $7,280,000 |
| Rent: | $15,374/Month |
| Cash Flow: | $750,000 |
| Inventory: | $400,000 |
| Established Year: | 2014 |
Listing ID: 2222547Listing provided by BizBuySell
BUSINESS DESCRIPTION
Located in a super dense residential neighborhood in the main shopping area.24/7 Foot Traffic.
Equipment has been refurbished or replaced.
4 Checkouts with new POS.
Store is clean and well stocked.
Great sales upside with well priced, quality produce selection.
All major federal food program payment cards accepted.
NO CONVENIENCE STORE PRODUCTS SOLD, such as cigarettes, BEER, lottery etc.
Average ticket $25.60.
VENDOR NOTE FINANCING up to $1,500.000.00 To Qualified Buyer.
Sign & send the attached NDA for more information.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Bronx County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
31/12/2050
Employees
30
Facilities
Located in a 10,000SF space with FULL BASEMENT.
Great frontage that can be used to display produce specials.
All equipment is in good working order.
Lease will be extended to 25 years with a qualified buyer.
Real Estate Taxes are $5,670/Month payable every 6 months.
Competition
Store is clean and well merchandised.
Store distributor is offering financing to a qualified buyer.
Growth & Expansion
Current pricing is competitive but can generate increased sales with more aggressive advertising and social media initiatives.
Produce, meat & fish sales can be increased substantially with more aggressive pricing and larger selection.
Financing
Vendor Financing up to $1,500,000.00 to qualified buyer.
Support & Training
Owner will transition the store.
Reason for Selling
Relocating
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