Mid-Sized Supermarket and Mixed-Use Real Estate Wi

Rochester, NY
Monroe County

Suburban Area


Asking Price: Annual Revenue:
$775,000 $1,656,337

Food & Beverage: Grocery & Food Stores


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RE: Mid-Sized Supermarket and Mixed-Use Real Estate Wi Broker: Dean LoBrutto
Owner Financing is Available!
Seller Note Negotiable.

Quick Facts

Asking Price: $775,000
Annual Revenue: $1,656,337
Net Profit: Not Disclosed
Cash Flow: $70,529
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: $550,000
Year Established: 1970
Employees: 12
BBN Listing #: 217240071
Broker Reference #: 3637

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Business Overview:

Opportunity to purchase a long-standing and profitable business along with fully occupied mixed use commercial real estate in a resurgent neighborhood. The real estate is included in the asking price. The Seller would sell the real estate separately but not until the business is first sold. The business is a full-service supermarket offering groceries, and fresh food that has been serving the eastside community for over 50 years. It offers a full-service meat department, deli, subs, a full line of groceries including money-saving brands, specialty items, pre-made subs along with fresh fruits and vegetables.

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Property Features and Assets:

9,700 Square Feet. The real estate is included in the asking price. It is comprised of 3 buildings on 2 adjacent parcels. The parcel with the store has 2-story building on it. The store occupies the 4000 SF first floor. The 3 apartments on the second floor make up approximately another 3,000 Square Feet. In addition to the main floor, the building has a clean/dry basement that houses storage space for the business and three upstairs apartments. The adjacent parcel has 2 buildings on it. Closest to the street is a single story 720 Square Feet standalone building housing a commercial tenant. Behind it is a 2-story building 2,000 Square Feet building with 3 apartments, co-joined to the building with the store.

Market Competition and Expansion:

Competitors include large crowded supermarkets pushing their own brands and small Convenience-stores of various types. None of them offer the both a full range of products at a reasonable price with a neighborhood store feel.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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