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Listing ID: 3173516

Market in Queens County, NY - 32707 For Sale

Queens, New York, United States

$ 249,000

Revenue: $ 1,404,000

Cash Flow: $ 160,000

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.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32707 for instant access to this business information.

Property Details

FF&E:

$ 80,000

Inventory Value:

$ 80,000

Other Details

Operation Details

Employees:

3/3

Support & Training:

Seller will train

Miscellaneous

Reason For Selling:

personal

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