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Business for Sale Summary

Ethnic Grocery Store for Sale in New York - 36013

Business Type: convenience store,misc. retail/non-classifiable,other eating & drinking places,other food stores,supermarket
Ethnic Grocery Store for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $399,000
Gross Revenues $720,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$399,000 Down and

Business Description

An Indian, Bangladeshi, Pakistani, along with other Muslim community grocery store , is located in a hub of a Community in Suffolk County, New York. The size is 2400 sq. ft. The lease is for 25 years, and the rent is $5,000. Halal meat sells very well with a 40% profit margin. The other grocery items also do well. The inventory is worth $100,000, and is included in the asking price. The store has enough space to start a take-out halal food section. The seller no longer wishes to commute everyday to the store. After paying all the expenses, the seller's net cash flow is $125,000. Call Syed at 631-374-7686 for more information.

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