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Business for Sale Summary

Beautifully-Located Supermarket - 25798

Business Type: retailing businesses,general merchandise store,special situations,new to market,seller financing available,supermarket
Owner Financing
Beautifully-Located Supermarket
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Financial Information (non-confidential)

General Information
Asking Price $2,999,999 Down Payment $2,500,000
Gross Revenues $5,935,000 Lease Remaining Register Free to View
Owner’s Cash Flow $823,350 Number of FT Employees Register Free to View

Financing

$2,500,000 Down and Negotiable

Business Description

This beautifully-located supermarket is situated on one of the busiest roads in Kings County. The business carries every single item a super market ought to have. Per day, average gross sale, is $17, 000; its yearly gross sale is over 6 millions. Its size is 8000 sq.ft. A new buyer can increase the gross sale more than 7 million dollars, as the existing owner, due to religious reasons, closes the business for almost two months in a year. The seller must sell it, because he is frequently abroad on another business: import &, export, which makes him unable to focus on this business. For this reason, he is willing to hold a note, if a qualified buyer is ready to pay one million as a down payment. The seller's net cash flow, after meeting with all the expenses, is over $600,000 a year. This business needs a savvy buyer, who, through his skill and experience, can expand it a lot.

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 at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.