Market for Sale in Queens County, NY-32707

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$200,000 $1,404,000

Food & Beverage: Grocery & Food Stores


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RE: Market for Sale in Queens County, NY-32707 Broker: Syed Ahmed

Quick Facts

Asking Price: $200,000
Annual Revenue: $1,404,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 56114447
Broker Reference #: 32707

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Business Overview:

This attractively-located supermarket is situated in a very wealthy neighborhood in Long Island. It is over 4,000 square feet. It is known for the organic and natural foods. There is also beer, EBT, ATM, etc. Supermarket is stocked with everything the local community needs. Shelves are full of merchandise. Its gross sales are $27,000 a week. Rent is $9,500, with 11 year lease. The seller maintains excellent paper work, so the gross sale and net cash are verifiable. Because the area is so affluent the seller works on a 48% profit margin. Seller must sell it as he is moving to another state. Seller's net profit is $160,000 a year. This is one of the best business opportunities a buyer could imagine. Please use email reply button of this ad to contact us.

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Reason for Selling:

Personal

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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