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Local Supermarket In Queens For Sale

Queens County, New York, US
Asking Price:
$400,000
Sales Revenue:
$1,642,500
Cash Flow:
$182,000

This 30 years old Super Market is located on one of the busiest roads in Queens. A very well-known in the area. Its size is 5000 sq. ft. with the same size of the basement. Does over $4500 in gross sale a day. Has a 15 years lease. The business maintains an excellent computerized system, so as to check each and every transaction. The three partners own it, but have developed a serious conflict. The business , over 30 years, has developed a loyal clientele. The business is being run on a 50% profit margin. A great location, a long lease and a very reasonable asking price. The seller's net cash flow, after paying all the expenses, is over $15,000 a month. Call Syed for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Conflicts within the partners

Employees:
5FT/2PT
Years established:
1992

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$100,000

Contact Vested Business Brokers HQ

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