North Shore Nassau Supermarket
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $3700000
Net Profit / Cash Flow $177471
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Reason for Sale other business interests
Description Beautiful New Supermarket for sale in up-scale community. Must see! This owner has 4 other stores in Queens and after spending a small fortune building this store has decided to sell 1 month after opening because he cannot devote the time necessary to run the operation. The owner is simply stretched too thin between this and his other stores. This is your chance to get in on the ground floor. Everything is brand new, turn key. The customers love the store, you have to see for yourself. This is a great business for an owner operator who is looking for a mid priced store. You will only see growth because the area is zoned residential for miles and no competitors can move in. The store did $285,000 in sales the first month open. Lease holder has first option on the property. The numbers are a low projection based on August 2009 sales. A new owner can cut payroll expenses by eliminating the need for 2 store managers and other inefficiencies.
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