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Listed by:

Transworld Business Brokers

High Traffic Supermarket Phenomenal Growth Opportunity In Queens County For Sale

Queens County, New York, US
Asking Price:
$1,600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,991,000
Cash Flow:
Available on request

Massive 4600 square foot + Basement 24-hour supermarket offering a high-quality selection of organic foods and produce. Young clientele, located in a phenomenal location right next to major subway lines. 22 very friendly employees, Sushi Bar is leased out per month + 30% of sales. Great current relationship with independent landlord. 2 million dollars spent on build-out, equipment is in great condition as the business was established in 2016, and freezers have just been changed. 300k inventory held on average which is included in sales price. Some revenue comes from Uber Eats, grubhub, etc. 90% of revenue in credit card sales is verifiable through their POS system. Tons of potential to increase revenue, right next to the hospital, just started offering catering services...

Immediate increase in revenue if the new owner starts selling pork and beer. This is truly a tremendous opportunity for an owner who is seasoned in the supermarket industry. The owners have developed an innovative app and shopping platform on their website, to appeal to new demographics that have recently moved to the area! Inquire today to hear more details! Financing terms are flexible.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $30,700.00

Premises Details:

FF&E General Condition: Good

Business Operation

Reasons for selling:

Other Business Interests

Employees:
22
Years established:
2016

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

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

Owner Terms:$700,000.00 Interest:10% Term Months:36 Monthly Payment:$22,587.03

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$350,000 - included in the asking price