Turnkey Gut Renovated Supermarket-30128

Richmond County, NY

Seller Financing Available
Turnkey Gut Renovated Supermarket-30128
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Asking Price: Get Financing: $1,800,000

Cash Flow: $500,000

Gross Revenue: $5,720,000

EBITDA: N/A

FF&E: $600,000

Inventory: $275,000*

Established: N/A

*not included in asking price.

Turnkey Gut Renovated Supermarket-30128

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Business Description

This beautiful, turn-key supermarket on Staten Island was completely gut-renovated four years ago, to the tune of $1.5M. All of the fixtures and refrigeration units are like brand new. Weekly gross sales average $110K. Annual profits, inclusive of rebates, come to around $500K. A new hands-on operator-owner should be able to make at least another $100K in profits here. The current lease runs for another 18 years, and the rent is only $18K/month for 7,000 square feet. Real estate tax is another $5K/month. Do be very discreet when visiting this location, as the employees and customers do not know it is for sale. Then, kindly contact listing broker Jay Goldman, should you have any questions, or would like to make an appointment to speak with the owner. Please call 1-877-735-5224 for further information.

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.

Detailed Information

Inventory:
Not included in asking price
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
1,800,000.00 Down & The seller will finance the inventory.
Support & Training:
Seller will train buyer.
Reason for Selling:
Other business interests.
Business Website:
http://vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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