Supermarket For Sale
www.GlobalBX.com
Listing ID:
700226049
Listing Title:
Supermarket For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=226049
Industry:
Food and Beverage
Industry Segment:
Grocery and Supermarkets
Country:
United States
State / Province:
New York
Area
City:
Kings County
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$5,935,000
Cash Flow:
$823,350
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2005
Number of Employees:
20 - 34
Business Description:
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.
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