Profitable Cash Business
Location:
United States
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New York
Industry: Food and Beverage > Grocery and Supermarkets
Business Summary
The business sells fresh fruits and vegetables, dried fruits and nuts, fresh meat and deli. An estimated $33,000 per week is allocated to fruits & vegetables while groceries account for $14,000 per week. In the last 3-5 years, business's sales trend has been on an upswing and on pace to gross $3,000,000 for this year. The demographic breakdown of customers is as follows: Working class, Jewish (5%), Russian (70%), Italian (15%) and Chinese, Mexican and Spanish account for the last 10%. The business recently obtained its beer license and has added that to the products offered at this establishment. Contact for more information on this business for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$2,217,240
Cash Flow:
$284,453
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1956
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The owner is willing to stay on for a reasonable period of time.
Reason For Selling: Going back into wholesale & distribution business.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Grocery and Supermarkets business for sale.
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Print Listing Id: 70054497
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