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  • RE:  High Traffic Queens Supermarket
  • Contact:  Matthew Raber
Owner Financing is Available!
Owner Terms:$700,000.00 Interest:10% Term Months:36 Monthly Payment:$22,587.03

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $3,991,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 22
BBN Listing #: 934772
Broker Reference #: 6842-691048

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Business Overview:

High Traffic Queens Supermarket Phenomenal Growth Opportunity

 

Massive 4600 square foot + Basement 24 hour supermarket offering high quality selection of organic foods and produce. Young clientele, located in a phenomenal location right next to major subway lines. 22 very friendly employees, Sushi Bar is leased out per month + 30% of sales. Real estate tax is included in the rent, great current relationship with independent landlord. 2 million dollars spent on build out, equipment is in great condition as business was established in 2016, freezers have just been changed. 500k inventory held on average which is included in sales price. Some revenue comes from uber eats, grubhub, etc. 90% of revenue in credit card sales verifiable through their POS system. Tons of potential to increase revenue, right next to hospital, just started offering catering services... Immediate increase in revenue if new owner starts selling pork and beer.

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Property Features and Assets:

Monthly Rent:

$30,700.00

 

FF&E General Condition: Good

Reason for Selling:

Other Business Interests

Additional Details:

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

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