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Business for Sale Summary

Supermarket in Kings County, NY - 19115

Business Type: retailing businesses,convenience store,supermarket
Supermarket in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $2,150,000 Down Payment $1,300,000
Gross Revenues $5,680,000 Lease Remaining Register Free to View
Owner’s Cash Flow $519,490 Number of FT Employees Register Free to View

Financing

$1,300,000 Down and $850,000 @ 7% (inventory negotiable)

Business Description

High volume gourmet supermarket located in a high densely populated neighborhood near mass transportation. The store is doing approximately $5.7 million in gross sales - very profitable. Also the seller has all receipts for the renovation done a couple of years ago for $1.1 million dollars. He will also sell the property somewhere in the range of $6 million. great place for an investor who is looking for a very profitable business and property to purchase (otherwise the seller will offer a 20 plus year lease).

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.