Prime Location Supermarket For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2600000
Net Profit / Cash Flow $175000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Description This Prime Location full line Supermarket has a great foundation in place. It was originally opened 20 years ago. There is a HUGE opportunity to expand. This is a classic neighborhood supermarket offering produce, groceries, meats, frozen food, dairy products, sushi as well as flowers. This simple operation runs with a small staff, and has reasonable overhead expenses. The supermarket is located at a busy intersection . This market is over 10,000 square feet with high ceilings. The fresh produce attracts regular repeat customers. There are 5 aisles filled with all types of groceries. A more aggressive owner will have the opportunity to increase business by re-establishing the fresh fish department or possibly lease out the already built space. There are many ways to grow this already profitable operation and take this business to a much higher level. They currently do approximately $57,000 per week in business. There are at least a dozen double door refrigerated cases with dairy and frozen foods attractively displayed. Please refer to listing 11400 when inquiring about this listing.
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