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Supermarket For Sale
Location: United States -> New York -> Kings County
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

This beautifully-located supermarket is situated on one of the busiest roads in Brooklyn. 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 million.

Its size is 8000 sq.ft. 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. Call Joshua Factor at 845-738-8152 for more information.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $5,935,000
Cash Flow:   $823,350
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $200,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller willing to train
Reason For Selling:  Personal

Photos

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Supermarket For Sale Photo 1 Supermarket For Sale Photo 2 Supermarket For Sale Photo 3




Print Listing Id: 700226049
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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