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




Business Summary

This Turnkey Supermarket was completely Gut Renovated 3 years ago to the tune of $1.5M including All New Fixtures and Refrigeration Units. Weekly gross sales average $110K. Annual profits, inclusive of rebates, come to around $500K. A good hands-on manager should be able to make (at least) another $100K in profits here. The current lease runs for another 18 years (with a 5 year option on top of that) and current rent is $18K/month for 7,000 square feet at street level. Real estate tax is another $5K/mo. 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:   $5,720,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Not Disclosed
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

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Turn Key Gut Renovated Supermarket For Sale Photo 1 Turn Key Gut Renovated Supermarket For Sale Photo 2 Turn Key Gut Renovated Supermarket For Sale Photo 3




Print Listing Id: 700285164
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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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