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Business for Sale Summary [Non-Confidential]

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Nassau County, NY

Business Type: special situations,business with property available,retailing businesses,bakers & confectioners,convenience store,delicatessen/catering services,general merchandise store,green grocers / fruit sellers,other food stores,supermarket

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Non-Confidencial Financial Infomation

  • Asking Price

    $750,000.00

  • Gross Revenues

    $3,640,000.00

  • Financing

    $ 562,500.00 Down and Seller willing to hold 25% for 36 months at 7%

  • Owner's Cash Flow

    $177,471.00

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Business Description

Beautiful New Supermarket for sale in up-scale community. Must see! This owner has 4 other stores in Queens and after spending a small fortune building this store has decided to sell after opening because he cannot devote the time necessary to run the operation. The owner is simply stretched too thin between this and his other stores. This is your chance to get in on the ground floor. Everything is brand new, turn key. The customers love the store, you have to see for yourself. This is a great business for an owner operator who is looking for a mid priced store. You will only see growth because the area is zoned residential for miles and no competitors can move in. The store did $285,000 in sales the first month open. Lease holder has first option on the property. The numbers are a projection based on sales since opening in August 2009. A new owner can cut payroll expenses by eliminating the need for 2 store managers and other inefficiencies. If you don't move fast someone else will get it.

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