HS Listing ID-70981
High-traffic area with strong walk-in customer base
Established neighborhood staple for 50+ years
•Street parking available
Financial Overview
Asking Price: $949,000
Gross Revenue: Over $2,200,000 annually
Cash Flow (SDE): $420,000
Lease & Occupancy
Monthly Rent: $5,700
Annual Increase: 2%
Lease Term Remaining: 13 years
Approx. Size: 2,400 sq ft + full basement
Additional Income Opportunity:
Option to rent half of basement for $1,000+ per month
Helps offset occupancy cost
Operations
Hours: 6:00 AM – 9:00 PM, 7 days a week
Absentee-run operation
Fully operational POS system in place
Staff
Total Employees: 11
Includes experienced manager in place (10+ years)
All staff willing to stay post-sale
Weekly Payroll: $7,700
Business Features
Full-service supermarket including:
* Fresh produce
* Meats & dairy
* Dry goods
* Hot buffet-style food (daily)
Additional revenue streams:
* Beer sales
* Cigarettes
Upside Potential:
* Add lottery to increase foot traffic and revenue
A signed confidentiality agreement is required for the exact location
