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Bustling Supermarket for Sale in Queens County, NY 32707

Queens County, NY

Bustling Supermarket for Sale in Queens County, NY 32707
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Asking Price: $350,000

Cash Flow: $160,000

Gross Revenue: $1,404,000

EBITDA: N/A

FF&E: $80,000

Inventory: $80,000*

Established: N/A

*not included in asking price.

Bustling Supermarket for Sale in Queens County, NY 32707

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Business Description

Grocery Store for Sale in Queens County, NY 32707

This attractively-located supermarket is situated in a very wealthy neighborhood in Long Island.
It is over 4000 sq. ft. It is known for the organic and natural foods.
There is also beer, EBT, ATM, etc.
Supermarket is stocked with everything the local community needs.
Shelves are full of merchandise.
Its gross sales are $27000 a week.
Rent is $9500, with 11 year lease.
The seller maintains excellent paper work, so the gross sale and net cash are verifiable.
Because the area is so affluent the seller works on a 48% profit margin.
Seller must sell it as he is moving to another state.
Seller's net profit is $160,000 a year.
This is one of the best business opportunities a buyer could imagine.

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.

Detailed Information

Location:
Queens County, NY
Inventory:
Not included in asking price
Employees:
3/3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
personal
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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