Well Established Queens NY Supermarket For Sale

Queens, NY
listing image
Asking Price:$1,700,000
Gross Revenue:$5,200,000
Rent:$17,000/Month
Cash Flow:$550,000
Inventory:$300,000
BUSINESS DESCRIPTION

HS Listing ID-64332

300k of Inventory sold separate.
100k weekly Gross revenue
Rent 17k monthly
60 k yearly taxes
Employees- 18
Payroll 15 k weekly
20 year lease
Electric bill -2000
Insurance – 1500 monthly
Square ft -4000
Cash flow is 550k yearly

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Queens, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
18
Support & Training
Yes.
Reason for Selling
Other business interests.
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Sam Kapoor
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Sam Kapoor