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Business for Sale Summary

Absentee Run Supermarket For Sale in NY - 35585

Business Type: absentee business,delicatessen/catering services,green grocers / fruit sellers,nutrition & health food,other food stores,supermarket
Owner Financing
Absentee Run Supermarket For Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $330,000 Down Payment $150,000
Gross Revenues $1,140,000 Lease Remaining Register Free to View
Owner’s Cash Flow $168,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and Balance of $185k for 3 years @ 7%.

Business Description

This supermarket in Brooklyn is a profitable business opportunity with high sales and low rent. With a gross sale of $95,000 a month, this one-stop-shop generates $14,000 in net cash flow every month after all expenses. Lotto makes $5,000 in commission a month, making it a great source of additional income. The business caters to all convenience needs, selling lotto, beer, cigarettes, vapes, cigars, bakery items, breakfast, and lunch. Located in an attractive and densely populated area, this supermarket is easily accessible to customers. What makes this business even more appealing is that it is a 100% absentee business. The seller owns several businesses and finds it hard to support it remotely. This means that you can step in as an owner-operator or continue to run it absentee, depending on your preferences. Contact Syed at 631-374-7686 for more information on this profitable supermarket in Brooklyn.

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.