This Turnkey Supermarket was completely Gut Renovated 3 years ago to the tune of $1.5M including All New Fixtures and Refrigeration Units. Weekly gross sales average $110K. Annual profits, inclusive of rebates, come to around $500K. A good hands-on manager should be able to make (at least) another $100K in profits here. The current lease runs for another 18 years (with a 5 year option on top of that) and current rent is $18K/month for 7,000 square feet at street level. Real estate tax is another $5K/mo. 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 and would like to make an appointment to speak with the owner. Please call 1-877-735-5224 for further information.
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