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Business for Sale Summary

Established Supermarket in New York County, NY - 26674

Business Type: convenience store,misc. retail/non-classifiable,supermarket
Established Supermarket in New York County, NY
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This business has received 140 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $3,500,000 Down Payment $3,500,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$3,500,000 Down and

Business Description

ATTENTION SUPERMARKET BUYERS - NO COMPETITION - FOR SALE NOW!!! This business for sale is one of those business opportunities buyers dream about: No competition, fabulous location, newly renovated with the latest materials and fixtures, and extremely profitable earning over $100,000 per week. This Long Island supermarket is right across from Manhattan next to two bridges, a tunnel, and a Long Island Expressway. It is surrounded by high-end condos, schools, parks, upscale business district, and public transportation next to the business. The location is another selling feature that most successful business buyers look for in an acquisition. The grand opening of a newly built 7,700 condo project is eminently near and will only be benefited by the first buyer to put in the offer to acquire this business. The 25 year lease has already been written, reviewed, and approved by the current owner for their benefit and for the benefit of the new buyer to assume with ease and little frustration. That alone is worth its weight in gold. This supermarket will not be available long. So stop what you are doing, stop postponing efforts to succeed in life and call Rick Murray today to set an appointment with the sellers of this business. Remember, any reasonable offer is better than no offer at all. Make that call right now to Vested Business Brokers. ATTENTION SUPERMARKET BUYERS: This long established, immaculate, turn-key New Jersey supermarket was recently renovated. Great location. All equipment like refrigeration units are in great condition. 22 years left on the lease with rent at $16k per month plus $5k real estate taxes. Gross sales are over $80,000 per week and is run semi absentee. 12,000 sq. ft plus a basement. Little nearby competition Owner net income is $300k. A full-time owner operator will be even more successful. Be discreet when visiting this supermarket and contact broker Joseph Stansky for more information or to schedule a meeting with the owner. Established supermarket earning about $100,000 per week. Asking price is $5,999,000. Seller is asking high price due to future apartments, 7700 units opening during the next few years. Great 25 year lease with no competition.Don't miss this opportunity.

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.