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Established Supermarket In New York For Sale

New York, US
Asking Price:
$525,000 Inventory / Stock included
Sales Revenue:
$1,040,000
Cash Flow:
$151,000


A 30 years old, very popular supermarket is located in a densely-populated area in Queens. Rent is just $3,000, with a 15 years lease. The business has lotto, beer, cigarettes, meat, breakfast,& lunch, etc. The business is at a great location; in fact, it is the only place where all the residents do their daily shopping, regularly. Its gross sales are over $20,000 a week. Has a very loyal clientele. The seller is planning to move to another state. The seller's net cash flow, after paying all the expenses, is over $150,000 a year.

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Business Operation

Reasons for selling:

Personal

Employees:
4 FT/3 PT
Years established:
30

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$40,000 - included in the asking price