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Business for Sale Summary

Supermarket for Sale in New York - 37173

Business Type: delicatessen/catering services,misc. retail/non-classifiable,other food stores,supermarket
Supermarket for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $699,000 Down Payment $699,000
Gross Revenues $1,122,000 Lease Remaining Register Free to View
Owner’s Cash Flow $210,000 Number of FT Employees Register Free to View

Financing

$699,000 Down and

Business Description

A well-known and famous 30-year -old supermarket, with 3000 sq. ft. of space, is located off a busy main road in Suffolk County, New York. It offers a wide range of items including lotto, beer, all the smoke shop items, breakfast & lunch, and several over-the- counter medications and many more. It also has a well-equipped deli that serves breakfast, lunch,, and food throughout the day.It also carried basic over--the counter medications. The seller, who owns numerous businesses, is selling to venture into new industry. It is a well-established neighborhood supermarket with annual gross sales exceeding one million dollars. Lotto earns $4,000 a month in commission. Its success is bolstered by a loyal clientele and the advantage of being the only supermarket in the area. All current employees will be retained by the new owner. rent is $7300, with a 15-years lease, After paying all the expenses, the seller's net cash flow is over $200,000. Call the broker, Syed Ahmed at 631-374-7686, for more information.

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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.