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High Sales Produce And Grocery Market For Sale

Kew Gardens, New York, US
Asking Price:
$2,650,000
Sales Revenue:
$6,380,000
Cash Flow:
$1,000,000

60 percent produce, 40 percent grocery
60 percent credit / 40 percent cash
Owner Absentee
Well established community grocery store with 11 years left on its lease
With over 4500 square feet,
This establishment has been operating for over 10 years with the same owners.
The highly populated area creates an opportunity for growth and increased profitability. The previous owner has run this establishment absentee for many years.
The surrounding area is heavily residential and commercial.

Rent/Taxes/CAM: $17,000 per month
2019 Sales $6,000,000
2020 Sales $6,380,000

Property Information

Location:

The surrounding area is heavily residential and commercial.

Business Operation

Reasons for selling:

Retiring

Trading hours:

4500 sq ft. Over 400k in inventory that is stocked in store

Years established:
2009

Other Information

Support & training:

Retiring

Contact Empire Business Management

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