Well Established Supermarket for Sale in NY - 34680 Business Type: convenience store,other eating & drinking places,other food stores,supermarket

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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $400,000 | Down Payment | $400,000 |
Gross Revenues | $1,022,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $241,000 | Number of FT Employees | Register Free to View |
Financing
$400,000 Down and
Business Description
A 35-year-old supermarket is located at the heart of a heavily-populated neighborhood in the Bronx. Its size is 2500 sq. ft. Its gross sale is $2800 a day; lotto makes $7500 a month in commission.The business has lotto, beer, EBT, ATM, breakfast & lunch plus many other kinds of merchandise. It is the only place in the area where the shoppers do their daily errand. Rent is just $6,000 a month, with a 10 years lease. The seller owns many businesses, and now finds it hard to focus on this business. This is a once in a lifetime opportunity to buy this money-making business. Seller's net cash flow, after paying all the expenses, is $240,000 a year.
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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.
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