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Business for Sale Summary

Popular Supermarket For Sale - 27973

Business Type: convenience store,delicatessen/catering services,must sell/drastic price reduction!,seller financing available,supermarket
Popular Supermarket For Sale
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Financial Information (non-confidential)

General Information
Asking Price $699,900 Down Payment $699,900
Gross Revenues $1,716,000 Lease Remaining Register Free to View
Owner’s Cash Flow $245,920 Number of FT Employees Register Free to View


$699,900 Down and Negotiable, some seller finance optional.

Business Description

Sellers owns several successful businesses and the only reason for selling this brand new, profitable supermarket is other business obligations and the family wants to move out of state. Take advantage if this new supermarket making $33,000 per week with a COGS of 61% to 63%, landlord is easy to deal with on the assignment of the 20 year lease. The location cannot get better next to major highways as well as a major bridge and tunnel. The community is well diversified with strong Russian, Armenian, Spanish, and Italian loyal customers. They absolutely love this supermarket. It offers isles and isles of groceries, poultry, meats, dairy products, fresh produce, salad bar, and deli. The business also has room to add a bakery and fresh fish departments. This would easily bring the revenue up to $75,000 per week. Call the broker for further information at 1-877-735-5224.

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.