Brooklyn Food Market Beer Lotto

Brooklyn, NY
New York County

Active commercial avenue


Asking Price: Annual Revenue:
$150,000 $700,000

Food & Beverage: Grocery & Food Stores


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RE: Brooklyn Food Market Beer Lotto Broker: Customer Service
Owner Financing is Available!

Quick Facts

Asking Price: $150,000
Annual Revenue: $700,000
Net Profit: $110,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $89,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 3
BBN Listing #: 80583909
Broker Reference #: FMKT197

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Business Overview:

Solid business opportunity for this successful, food market with a yearly gross income of $550,000 and a consistent net yearly income to the present owner operator. This market offers, food, lotto, retail liquor, cigarettes, and accepts food stamps. Since 1975, they have been fully engrained in the fabric of their Brooklyn New York Community. Their location enjoys a remarkably loyal following, which is no surprise; based on their products, pricing, service, and the pride in every aspect of their business. Their goal is to remain a favorite neighborhood food market and caterer of choice by offering the highest quality foods and hard-to-find products supported by friendly, personalized, efficient service. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

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Property Features and Assets:

The business is in highly populated area of Brooklyn, NY Benson Hurst which consists of various affluent and highly populated communities with continued demand for this food service and industry. This successful retail facility which consists of approximately 1,700 square feet, 50-foot street frontage and has a clean attractive appearance. The business is on a highly populated commercial avenue with various other active and successful businesses.

Market Competition and Expansion:

Although competitors presently exist in the industry, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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