Supermarket/ Mini Market- Brooklyn New York
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HS Listing ID-70981
High-traffic area with strong walk-in customer base
Established neighborhood staple for 50+ years
•Street parking available
Financial Overview
Asking Price: $949,000
Gross Revenue: Over $2,200,000 annually
Cash Flow (SDE): $420,000
Lease & Occupancy
Monthly Rent: $5,700
Annual Increase: 2%
Lease Term Remaining: 13 years
Approx. Size: 2,400 sq ft + full basement
Additional Income Opportunity:
Option to rent half of basement for $1,000+ per month
Helps offset occupancy cost
Operations
Hours: 6:00 AM – 9:00 PM, 7 days a week
Absentee-run operation
Fully operational POS system in place
Staff
Total Employees: 11
Includes experienced manager in place (10+ years)
All staff willing to stay post-sale
Weekly Payroll: $7,700
Business Features
Full-service supermarket including:
* Fresh produce
* Meats & dairy
* Dry goods
* Hot buffet-style food (daily)
Additional revenue streams:
* Beer sales
* Cigarettes
Upside Potential:
* Add lottery to increase foot traffic and revenue
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
High-traffic area with strong walk-in customer base
Established neighborhood staple for 50+ years
•Street parking available
Financial Overview
Asking Price: $949,000
Gross Revenue: Over $2,200,000 annually
Cash Flow (SDE): $420,000
Lease & Occupancy
Monthly Rent: $5,700
Annual Increase: 2%
Lease Term Remaining: 13 years
Approx. Size: 2,400 sq ft + full basement
Additional Income Opportunity:
Option to rent half of basement for $1,000+ per month
Helps offset occupancy cost
Operations
Hours: 6:00 AM – 9:00 PM, 7 days a week
Absentee-run operation
Fully operational POS system in place
Staff
Total Employees: 11
Includes experienced manager in place (10+ years)
All staff willing to stay post-sale
Weekly Payroll: $7,700
Business Features
Full-service supermarket including:
* Fresh produce
* Meats & dairy
* Dry goods
* Hot buffet-style food (daily)
Additional revenue streams:
* Beer sales
* Cigarettes
Upside Potential:
* Add lottery to increase foot traffic and revenue
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Employees
- 11 Full-time
Real Estate
- Owned or Leased
- Leased
- Rent
- $5,700.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2502182
- Listing Views
- 84
Listing ID: 2502182 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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