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Business for Sale Summary

Local Supermarket for sale in Queens - 34616

Business Type: green grocers / fruit sellers,misc. retail/non-classifiable,other food stores,supermarket
Local Supermarket for sale in Queens
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $400,000
Gross Revenues $1,642,500 Lease Remaining Register Free to View
Owner’s Cash Flow $182,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and

Business Description

This 30 years old Super Market is located on one of the busiest roads in Queens. A very well-known in the area. Its size is 5000 sq. ft. with the same size of the basement. Does over $4500 in gross sale a day. Has a 15 years lease. The business maintains an excellent computerized system, so as to check each and every transaction. The three partners own it, but have developed a serious conflict. The business , over 30 years, has developed a loyal clientele. The business is being run on a 50% profit margin. A great location, a long lease and a very reasonable asking price. The seller's net cash flow, after paying all the expenses, is over $15,000 a month. Call Syed at 631-374-7686 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.

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.