Very Nice Low Lease Supermarket For Sale

Business description

Very nice Full service 15000 sq. ft. leased Supermarket. Sales were $3,700,000 for 2011. Monthly rent of $3100 (includes NNN) with an additional rent factor paid to landlord of 1% of sales above $1,100,000 ($3.7-$1.1=$2.6mil X 1%=$26,000). Total rent = $5,266 per month. Very good deal of $2.52 per ft. for 25,000 sq ft. Eight (8) yrs. left on original lease with options!!! Store is very well maintained as is all equipment & fixtures. Excellent maintenance records and POS systems are all up to date. Inventory is not included in the listing price and will be paid to Seller at closing. Inventory value is $285,000. Confidentially agreement and personal financial statement are required for all Buyers! Please go to ---.-----------------------.---, click on CONFIDENTIALLY AGREEMENT for Brian Barkley and follow the directions given.

Down Payment: $450,000

Total Assets: $425,000

Sellers Discretionary Earnings: $241

Property information

Real Estate:

Real Property Included

Business Operation

Employees:

Full Time: 8 Part Time: 20 Managers: 1

Other information

Furniture / Fixtures value:

$400,000 (included in the asking price)