HS Listing ID-70355
Rare opportunity to acquire a two-store supermarket portfolio in Long Island. Both locations are well-established and operate as anchor tenants within their respective shopping plazas, driving consistent foot traffic and stable sales.
The stores are located just 20 minutes apart, allowing for operational efficiencies in management, staffing, and purchasing. This is a turnkey operation with all vendor relationships in place, ensuring a smooth transition for a new owner.
Both locations are approximately 10,000 sq ft and benefit from strong weekly volume and favorable lease structures. Seller is motivated and relocating out of state, looking to sell both locations as a package.
Overview:
Weekly Sales (Combined): ~$260,000
- Store #1: ~$150,000 / week
- Store #2: ~$110,000 / week
Annual Revenue: ~$13,520,000
Store Size: ~10,000 sq ft each
Lease:
- Store #1: 20-year lease – $26,400/month
- Store #2: 8 years remaining – $19,500/month (landlord open to extension)
- Both locations are anchor tenants
Asking Price:
$3,100,000 (for both locations) + Inventory
Inventory:
Additional (to be counted at closing)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
