Supermarket. Brand New. Great Income

Suffolk County, NY

Seller Financing Available
Supermarket. Brand New. Great Income
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Asking Price: $1,950,000

Cash Flow: $554,000

Gross Revenue: $10,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $250,000*

Rent: $32,500 /Month

Established: 2017

*not included in asking price.

Supermarket. Brand New. Great Income

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Business Description

Brand new supermarket.
Sales $200,000/week.
Great location and always busy.
Sign & send the attached NDA for more information
brian@elbrokerage.com
T: 917-834-4063
F: 201-568-5401

Attached Documents


Detailed Information

Location:
Suffolk County, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
12/31/2043
Employees:
35 + Owner
Facilities:
12,000 SF free standing building with 100+ parking. 25 Year lease available with 2% annual increases. Property Tax $8,375/Month. BRAND NEW renovation and Fixtures & Equipment.
Competition:
Supermarket services a predominantly Hispanic customer base. There is one other supermarket within a ONE mile radius. Excellent sales mix with 30% grocery,27% produce & 24% meat & fish.
Growth & Expansion:
Sales are growing as the product mix specializes in servicing the Hispanic community which is a majority of the residents in the town. More promotions and in-house events will drive higher sales.
Financing:
Subject to to buyers credit qualification
Support & Training:
Owner will transition
Reason for Selling:
Partner Dispute
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(from currently available funds)
 
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Brian Elkin

Business Listed By:
Brian Elkin

Elkin & Lee Business & Realty Advisors

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