70 Year Established Upstate NY Supermarket + Property
Business Description
HS Listing ID-68439
Seller Finance Available On Real Estate
Rare opportunity to acquire a family-owned, IGA-affiliated grocery store with a nearly 70-year legacy, as the current owners are retiring.
The sale includes the real estate: a 12,000 sq ft building (with 10,000 sq ft of retail space) on .78 acres of land, featuring parking for 50 cars.
Overview:
2024 Total Net Sales: $5,955,148
Financials:
Weekly Sales: $115,000
Payroll: $16,000 / weekly
Inventory: $500k
Rent: (owned)
Taxes: $48,000 (property taxes)
Real Estate Value: ~$2 million
Net Cash Flow: ~$400k
Business Highlights:
12,000 sqft total (2,000 sqft of storage)
10,000 sqft of retail space
Owner operated (Husband & Wife)
In the family since 1950’s
Has a commercial grade kitchen
50 car parking spots
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Seller Finance Available On Real Estate
Rare opportunity to acquire a family-owned, IGA-affiliated grocery store with a nearly 70-year legacy, as the current owners are retiring.
The sale includes the real estate: a 12,000 sq ft building (with 10,000 sq ft of retail space) on .78 acres of land, featuring parking for 50 cars.
Overview:
2024 Total Net Sales: $5,955,148
Financials:
Weekly Sales: $115,000
Payroll: $16,000 / weekly
Inventory: $500k
Rent: (owned)
Taxes: $48,000 (property taxes)
Real Estate Value: ~$2 million
Net Cash Flow: ~$400k
Business Highlights:
12,000 sqft total (2,000 sqft of storage)
10,000 sqft of retail space
Owner operated (Husband & Wife)
In the family since 1950’s
Has a commercial grade kitchen
50 car parking spots
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 12,000
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2442983
- Listing Views
- 62
Listing ID: 2442983 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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