Absentee Run Brooklyn Food Market Available – Must Sell

Brooklyn, NY (Kings County)

Absentee Run Brooklyn Food Market Available – Must Sell

Asking Price:$249,000

Cash Flow:$50,000

Gross Revenue:$1,150,000

EBITDA:N/A

FF&E:$500,000

Inventory:N/A

Established:N/A

Absentee Run Brooklyn Food Market Available – Must Sell

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Business Description

This is an opportunity to acquire a recently remodeled 3,000 sq. ft. supermarket in the heart of a very busy Brooklyn neighborhood for a fraction of what it would cost to build. The market is being run completely absentee and a new; more hands on owner can significantly increase revenue and reduce expenses. This market is currently averaging $22,000-$24,000 in weekly sales; this location should easily do $35,000-$40,000 per week. There is huge upside potential with utilizing the outdoor space for fruits & vegetables, increasing the prepared food offerings and offering delivery service. The current owner operates other businesses and simply does not have the time to focus on this market. With very reasonable rent, long lease terms and plenty of storage, this fully turnkey opportunity is priced to sell quickly at only $249,000 plus Inventory. Please ask for listing #12949 when inquiring about this listing.

Detailed Information

Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

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Ken Stein

Business Listed By:
Ken Stein

The Kensington Company

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