Supermarket for Sale in Kings County, NY-25798

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$2,500,000 $5,935,000

Food & Beverage: Grocery & Food Stores


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RE: Supermarket for Sale in Kings County, NY-25798 Broker: Marie Goldstein
Owner Financing is Available!
$2,500,000.00 Down & Negotiable

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $5,935,000
Net Profit: Not Disclosed
Cash Flow: $823,350
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 22
BBN Listing #: 71294447
Broker Reference #: 25798

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Business Overview:

This beautifully-located supermarket is situated on one of the busiest roads in Kings County. The business carries every single item a super market ought to have. Per day, average gross sale, is $17, 000; its yearly gross sale is over 6 millions. Its size is 8,000 square feet. A new buyer can increase the gross sale more than 7 million dollars, as the existing owner, due to religious reasons, closes the business for almost two months in a year. The seller must sell it, because he is frequently abroad on another business: import &, export, which makes him unable to focus on this business. For this reason, he is willing to hold a note, if a qualified buyer is ready to pay one million as a down payment. The seller's net cash flow, after meeting with all the expenses, is over $600,000 a year. This business needs a savvy buyer, who, through his skill and experience, can expand it a lot. Please use email reply button of this ad to contact us.

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Reason for Selling:

Has another business.

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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