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This Business has been Sold!
Broker: Syed Ahmed

Business for Sale Summary

Established Super Market in Queens County NY - 30743

Business Type: supermarket
Sold
Established Super Market in Queens County NY
On , The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
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.

Financial Information (non-confidential)

General Information
Asking Price $425,000 Down Payment $300,000
Gross Revenues $975,000 Lease Remaining Register Free to View
Owner’s Cash Flow $220,050 Number of FT Employees Register Free to View

Financing

$300,000 Down and

Business Description

This attractively-located supermarket is situated in an extremely affluent neighborhood in Queens. Its size is 4400 sq. ft. Its gross sale is $100,000 a month. Rent is $13,200, but three independent areas are sub-leased to three tenants who combine, pay $9500 a month, leaving the seller to pay $3700 a month in rent. Business has lotto, beer, and many many items that a successful super mart must have. An excellent opportunity for a buyer who is looking for a good quality supermarket in a posh area in Queens. Seller is moving to another state; she is willing to finance. Seller's net cash flow is $18,000 a month. Call Syed at 1-877-735-5224 for more information.

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. PM

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.