Financing: $240,000.00 Down and To Be Determined
Reason for Selling:Personal
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.
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