Supermarket Business in Queens County-33310

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$210,000 $600,000

Food & Beverage: Grocery & Food Stores


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RE: Supermarket Business in Queens County-33310 Broker: Syed Ahmed
Owner Financing is Available!
$210,000.00 Down & None

Quick Facts

Asking Price: $210,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $10,500
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 3
BBN Listing #: 11774447
Broker Reference #: 33310

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Business Overview:

This 30 years old super market is located in a very crowded area in Queens. Seller owns it for 10 years. Rent is $2,100 a month, with 10 years lease. It has lotto, beer, cigarettes, EBT, ATM, coffee, breakfast & lunch, etc. As it has been catering the shoppers from the surrounding areas for 30 years, business has been stable and steady. It is a 100% absentee; seller is an engineer by profession, and has recently been promoted on the job, and that has made him very busy, and now he is unable to supervise it. A great opportunity for a young couple to buy it and run it. Seller's net cash flow, after deducting all the expenses, is over $10,000 a month. Contact Syed for more information.

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Reason for Selling:

100 % absentee.

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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