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Absentee Owned Japanese Grocery Store in Queens for Sale

Queens County, NY

Seller Financing Available
Absentee Owned Japanese Grocery Store in Queens for Sale
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Asking Price: $180,000

Cash Flow: $95,640

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: $25,000

Rent: $3,475 /Month

Established: N/A

Absentee Owned Japanese Grocery Store in Queens for Sale

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Business Description

This is a very popular Japanese grocery store in a busy neighborhood in Queens, NY. The shop offers a selection of Japanese food, houseware and cosmetics. The annual sales are about $900,000, owner’s profit is $95.640. The owner is absentee, staff is in position, very easy to manage. Yelp review rate is 4.5 stars. All the inventory is included in the asking price. It’s a great turn-key business opportunity that you don’t want to miss. Seller financing is available for qualified buyers.

Detailed Information

Location:
Queens County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
850
Lease Expiration:
N/A
Employees:
5
Growth & Expansion:
The rent is below the market price. The location is very busy and well-known in the neighborhood. Profitable business for an absentee owner. If the new owner will work there and replace an employee, both the sales and net profit will increase by at least 20%.
Financing:
50000.00
Support & Training:
2 weeks
Reason for Selling:
other interests
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Sherry Wang

Business Listed By:
Sherry Wang

Transworld Business Advisors of Flushing

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