Turnkey Supermarket - 85k Weekly - Low Rent

Astoria, NY (Queens County)

Turnkey Supermarket - 85k Weekly - Low Rent
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Asking Price: $1,900,000

Cash Flow: $397,800

Gross Revenue: $4,420,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,500 /Month

Established: 2007

Turnkey Supermarket - 85k Weekly - Low Rent

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Business Description

This Supermarket located in Astoria Queens has had steady and growing sales since it was purchased. The location is prime where you are on one of the main streets in Astoria and steps from the major Subways, bus stops and many apartment buildings which are in walking distance of the store.. The owner has taken on other projects and just is not able to be at this location as much as he would like to be. Sales average 75k to 80k a week and would easily reach 100k plus with an operator. The lease has 25 years, and the store is 7000 Sq. Ft. with a net of 8-9 %.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
2/15/2043
Employees:
14
Facilities:
Great Store and equipment
Support & Training:
will train
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Eddie Shapiro

Business Listed By:
Eddie Shapiro

Progressive Business Brokers

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Sponsoring Broker:
Gregg Wilson

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