Gourmet Manhattan Supermarket - 7m in Sales - Absentee

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Business Description

Spectacular gourmet speciality supermarket located 4 blocks west from Central Park and considered more uptown. This store has it all for the busy New York life style such as fresh meat, deli section, hot food all day, salad bar, imported cheese section, fresh fruits and vegetable, fresh fish section, complete bakery section and catering. A money make for more than 16 years and a unique rich interior and sets itself apart from other “run of the mill” markets. Strong market trends with localized well monetized clientele make this store a winner for many years to come. POF needed to move forward with financials and location. Call Gregg Satzinger 631.944.5560.

About the Business

Location:
Manhattan, New York
Year Established:
2002
Number of Employees:
26
Real Estate:
Leased
Building Sq. Ft.:
6,000
Rent:
$49,000.00 Per Month
Lease Expiration:
1/1/2040
Facilities:
well maintained
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About the Sale

Reason For Selling:
Other interests
Training/Support:
will train
Seller Financing:
250,000

Listing Info

ID:
1637233
Ad Detail Views:
0
Asking Price:
$3,250,000

Gross Revenue:
$7,000,000
Cash Flow:
$600,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by

Gregg Wilson

Progressive Business Brokers

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