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Asking Price$800,000
Revenue$4,160,000 EstablishedUndisclosed
Cash Flow$380,000 Employees4 full, 8 part
FF&E$500,000 FranchiseNo
Inventory$275,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Gut Renovated 12 years ago when the current owners took it over, this Turnkey Supermarket was recently updated with all new shelving and product cases. It's fair to say that this store is driven by its superb deli and the selection of perishable goods it offers. Located in a very safe, diverse, and ever-gentrifying Brooklyn neighborhood, it sees plenty of foot traffic and is in close proximity to public transportation. Weekly gross sales average $80K. Annual profits, inclusive of rebates, come to around $380K. A good hands-on manager 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 $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 speak with the owner and get a full tour. Please call 1-877-735-5224 for further information.
Training/Support:Seller will train buyer.
Seller Financing:800,000.00 Down & The seller will finance the inventory for you.
Sale Reason:Other business interests.
Ad #96670
Seller Reference #30127
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Jay Goldman
877-735-5224
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