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Business for Sale Summary

Market for Sale in Queens County, NY - 32707

Business Type: bakers & confectioners,nutrition & health food,other food stores,supermarket
Market for Sale in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $200,000 Down Payment $200,000
Gross Revenues $1,404,000 Lease Remaining Register Free to View
Owner’s Cash Flow $160,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and

Business Description

This attractively-located supermarket is situated in a very wealthy neighborhood in Long Island. It is over 4000 sq. ft. It is known for the organic and natural foods. There is also beer, EBT, ATM, etc. Supermarket is stocked with everything the local community needs. Shelves are full of merchandise. Its gross sales are $27000 a week. Rent is $9500, with 11 year lease. The seller maintains excellent paper work, so the gross sale and net cash are verifiable. Because the area is so affluent the seller works on a 48% profit margin. Seller must sell it as he is moving to another state. Seller's net profit is $160,000 a year. This is one of the best business opportunities a buyer could imagine.

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.