Turnkey Supermarket in Bklyn Neighborhood - 30127

Kings County, NY

Turnkey Supermarket in Bklyn Neighborhood  - 30127
Contact Seller

Asking Price: Get Financing: $1,200,000

Cash Flow: $380,000

Gross Revenue: $4,160,000

EBITDA: $500,000


Inventory: $275,000*

Established: N/A

*not included in asking price.

Turnkey Supermarket in Bklyn Neighborhood - 30127

Get Financing Save Print Share Valuation Report

Business Description

Turnkey Supermarket in Bklyn Neighborhood - 30127

This turn-key supermarket was very recently updated with all new shelving and product cases. It was also gut-renovated 12 years ago, when the current owners took over. The sales at this store are driven by its superb deli and the quality of its produce section. It is located in a diverse, ever-gentrifying and safe Brooklyn neighborhood, with plenty of foot traffic. It is in close proximity to public transportation. Weekly gross sales average $80K. Annual profits, inclusive of rebates, come to around $380K. A new hands-on operator-owner should be able to make at least another $100K in profits here. The lease has another 15 years to run, and the current rent is only $14K/month for 7,000 square ft. at street level, and another 7,000 square ft. in the basement. Real estate tax is an additional $2.5K/month. Please 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 and would like to make an appointment to meet with the owner and get a full tour. Please call for further information.

Detailed Information

Not included in asking price
Support & Training:
Reason for Selling:
Business Website:
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

Show Phone Number

View My Listings

Listing Statistics for Premium Members

Ad#:1518507 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Fully Promoted

Franchise Opportunity
Capital Required: $174,000