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Business for Sale Summary

Established Supermarket - 26283

Business Type: retailing businesses,convenience store,delicatessen/catering services,general merchandise store,special situations,best deals!,new to market,supermarket
Established Supermarket
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Financial Information (non-confidential)

General Information
Asking Price $240,000 Down Payment $240,000
Gross Revenues $1,015,000 Lease Remaining Register Free to View
Owner’s Cash Flow $133,350 Number of FT Employees Register Free to View


$240,000 Down and To Be Determined

Business Description

This thirty-years old supermarket is located in a busy strip mall, which is a part of a very busy neighborhood on Long Island. The business is equipped with lotto, beer, cigarettes, meat, breakfast & lunch, etc. Meat also plays a reasonable role on the revenues; therefore, the business is running on 37% profit margin. Its gross sale per week is $20,000; its size is 2500 sq.ft. The sellers own it for eight years, and now they have developed mistrust, and animosity over the running of the business; the two partners who are totally absentee owners, think the third partner, who is operating the business is not honest and straightforward anymore. They have decided to sell this highly profitable business. The sellers' net cash flow, after paying all the expenses, is over $10,000 a month. Location and a decent cash flow are the essence of a stable business. This business has both the virtues. Don't miss this great business opportunity. 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.