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Prime Location Brooklyn Supermarket For Sale

Brooklyn, New York, US
Asking Price:
$2,700,000 Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
$1,050,000

HS Listing ID-66932


Fresh produce market and serving food on a busy street corner. Location has high foot traffic with lots of businesses nearby. Easly accessible from subway and bus lanes. Market has a large selection with indoor and outdoor portions.

Asking price: 2,950,000

Sales weekly: 140K to 180K

Grossing 7,300,000 to 8,500,000 annually

Netting after everything 1,050,000 to 1,100,000

Rent 50k.

Lease 17 years remaining (could be extended).

10K SQ FT

15K SQ FT basement.

4 Kitchen are in the basement.

Semi absentee.

EBT is accepted.

Payroll 28k to 30K a week.

All other expenses 25k a month.

40 employees (some of them part time).

A signed confidentiality agreement is required for the exact location

Property Information

Real Estate:

Lease

Lease Terms:

Lease 17 years remaining (could be extended)

Leasehold Rent:

$600,000 per annum

Size in square feet:
25,000

Business Operation

Reasons for selling:

Other business interests.

Employees:
40

Other Information

Support & training:

Yes.