Friday, May 20, 2011

Supermarket - Eastern Queens

One of the most established Supermarkets in N.Y. Family owned for over 50 years and ready to retire. This store is in a very busy shopping center that was re-furbished one year ago. The store has over 8000 sq.ft. selling space, full basement and brand new kitchen less than one year old. Loyal customers come from all over for deli/appetizing department, in-house bakery and the huge selection of fresh meats, chicken and fish. An added attraction is the Sushi Bar and Prepared foods ready to take home and heat. This store is open 5 3/4 days week and consistently has sales of over $100k each week. Proof of funds would be required for interested parties.Facilities: 15 year lease. The sales are broken down as follows: fresh meat,chicken, fish 30%,Prepared foods 20%,Supermkt items 35%, Bakery/produce 15%

Gross Sales: $6,000,000
Cash Flow: $450,000
Asking Price: $1,175,000

NOW ONLY: $900,000 down

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