MINI-SUPERMARKET WITH 10 YEAR LEASE--MONEYMAKER
New York (Queens County)
Food and Beverage - Grocery and Supermarkets
Asking Price:   $225,000Inventory:   $75,000 **
Gross Revenue:   $1,100,000 (comments below)Real Estate:   n/a
Cash Flow:   Not Disclosed (comments below)FF&E:   $50,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: additional lottery sales of $375,000
Cash Flow Comments: upon request
This 4000 sq.ft. mini supermarket is located on a busy road in a neighborhood of Queens County, New York. They generate a sales volume of $1.1 million and have lottery sales of $375,000. They sell groceries, fruits, vegetables, frozen foods, meats, hba items, candy, and cigarettes etc. They DO NOT have a deli section. Current hours are Monday-Saturday 7AM-9PM and Sunday 8AM-9PM. The business is currently running absentee with a manager and will do much better with a hands on owner. For further information on this business and many others contact John at All County Business Brokers, Inc. 516-935-6411
About the Business
Year Established:1985
Employees:2 full time - 4 part time
Facilities:4000 sq ft building with a full basement. extensive shelving, refrigerators and frozen food cases.
Market Outlook and Competition:Business will definiting increase sales and profit margin with a working owner. A deli section will also improve the sales.
About the Sale
Reason For Selling:Owner runs this business absentee and has other interest that make him not capable of overseeing this business
Seller Financing:Seller will hold a note for the inventory

KEYWORDS: supermarket, mini supermarket, groceries, fruits, vegetables, frozen foods, meats, hba items, candy, cigarettes, lottery , lotto, Queens, convenience, absentee, grocery


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Business Listed By
John Kuchcicki  |  All County Business Brokers, Inc.
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