Partnership Stake in Supermarket-27218

Kings County, NY

Partnership Stake in Supermarket-27218

Asking Price:$499,000

Cash Flow:N/A

Gross Revenue:$2,600,000

EBITDA:N/A

FF&E:$300,000

Inventory:$200,000*

Established:N/A

*not included in asking price.

Partnership Stake in Supermarket-27218

Get Financing Save Print Share Valuation Report

Business Description

- A disagreement between brother-in-law partners has one of them selling his stake in their 5,000 square foot supermarket (with full basement) located in a prime section of Brooklyn. - The store currently does $50K in sales per week, but is capable of grossing at least twice as much and netting mid-six figures under a dedicated operator. - There are 22 years left on the lease. Rent is $13,500/month, not including real estate taxes. - This supermarket carries the breadth and depth of product that a 7,000 square foot store might, including a full range of organic goods. - Just 3 years ago, the brother-in-law partners together invested $1,500,000 to build out and equip this gem. You will be blown away when you walk through its doors. - The Asking Price reflects what the selling partner wants for his 49% stake in the business and does not include his share of the inventory. - Seller financing may be available to qualified buyers. For further information please call 1-877-735-5224 or please refer to the Confidentiality Agreement below.

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 email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
499,000.00 Down & Seller financing may be available to qualified buyers
Support & Training:
The seller will train the new owner of the business.
Reason for Selling:
A disagreement between brother-in-law partners has one of them selling his stake

Listing Statistics for Premium Members

Ad#:1197484 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Zoup!

Franchise Opportunity
Capital Required: $375,000