Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

TCBY Franchise Opportunity

GoWaiter.com Franchise Opportunity

FiltaFry Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

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




Business Summary

This turnkey supermarket was completely gut renovated 6 years ago, to the tune of $1.5M with all new fixtures and refrigeration equipment. It is located in a densely populated, diverse and ever-gentrifying neighborhood, within walking distance from one of Brooklyn's major mass transit hubs. Weekly gross sales average $90-100K. Annual profits, inclusive of rebates, come to around $400K. A good hands-on manager should be able to make (at least) another $100K in profit here. While the current lease runs for another 9 years, the landlord stands ready to give you a brand new one for 20 years with only a $12.5K/month base for 7,000 square ft. at street level, and another 7,000 square ft. in the basement. Do be very discreet when visiting this location, as the employees and customers do not know it is for sale. Then, kindly contact listing broker Jay Goldman should you have any questions, and would like to make an appointment to speak with the owner. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $4,940,000
Cash Flow:   $400,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Other business interests.

Photos

View Larger Photo(s) Of Business
Renovated Supermarket For Sale Photo 1 Renovated Supermarket For Sale Photo 2 Renovated Supermarket For Sale Photo 3




Print Listing Id: 700285122
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700285122
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.