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Extremely Successful Supermarket With Incredible Cash Flow For Sale

Brooklyn, New York
Asking Price:
$4,799,000 Inventory / Stock included
Sales Revenue:
$8,600,000
Cash Flow:
$835,000

Beautiful Supermarket with excellent cash flow located in an extremely busy area in Brooklyn. The supermarket has a long standing loyal customer base with a plethora of repeat customers. They have been in business over 15 years and has had high volume foot traffic since inception accompanied by a fantastic net income.

Designed and built by a local Supermarketeur who has had and currently has numerous wildly successful companies in the Tri-State area. The owner is looking to head into retirement and is finally ready to part ways with one of his crown jewels. This market is another one of his successful and proven business models that is poised to have tremendous cash flow for years to come. This is a turn-key operation with a phenomenal management team in place. A potential buyer can be completely absentee if they wish to be.

The market has an incredible layout that is filled with specialty, fresh and organic foods. It is also equipped with a full meat department as well as a phenomenal bakery. Lunch time is especially busy every single day with its incredible buffet offering. This is truly a must have Supermarket for anyone currently in or looking to get into the Supermarket space.

Property information

Real Estate:

Lease

Lease Terms:

Expires 2028 with 5 year option

Leasehold Rent:

$620,500 per annum

Location:

1st floor of a major residential complex located in the heart of Brooklyn. 6500 sq.ft market with a 4500 sq.ft basement and a 2000 sq/ft mezzanine.

Business Operation

Reasons for selling:

Retiring.

Trading hours:

Monday 7AM–10PM
Tuesday 7AM–10PM
Wednesday 7AM–10PM
Thursday 7AM–10PM
Friday 7AM–10PM
Saturday 7AM–9PM
Sunday 7AM–9PM

Employees:
50
Years established:
2002

Other Information

Support & training:

Owner will assist for up to 60 days.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

A portion may be financable depending on the buyers qualifications.

Inventory / Stock value:
$250,000 - included in the asking price
Website:
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Related Documents:

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