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Asking Price$1,200,000
Revenue$4,160,000 EstablishedUndisclosed
Cash FlowUndisclosed Employees4 full, 8 part
FF&E$500,000 FranchiseNo
Inventory$275,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This turn-key supermarket was 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 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. kg
Training/Support:Yes
Seller Financing:1,200,000.00 Down & The seller will finance the inventory for you.
Sale Reason:The family that owns this supermarket is channeling its resources into other business interests.
Ad #108125
Seller Reference #30127
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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