Note:  All addresses of supermarkets will be released to prospective investors once our Non-Disclosure Agreement is signed, if you interested in investing in any location please follow the invest in location link you will be guided to fill out a short questionnaire, an investment representative will contact you within two business days to email you an NDA for you to e-sign.

High Sales Produce and Grocery Market

  • March 18, 2021 10:36 am
  • New York
8
$2,650,000

Overview

  • Revenue : $6,380,000
  • Cash Flow : $1,000,000

Description

Business Description

60 percent produce, 40 percent grocery
60 percent credit / 40 percent cash
Owner Absentee
Well established community grocery store with 11 years left on its lease
With over 4500 square feet,
This establishment has been operating for over 10 years with the same owners.
The highly populated area creates an opportunity for growth and increased profitability. The previous owner has run this establishment absentee for many years.
The surrounding area is heavy residential and commercial.Rent/Taxes/CAM: $17,000 per month
2019 Sales $6,000,000
2020 Sales $6,380,000

Detailed Information

Location: Kew Gardens, NY
Inventory: Not included in asking price
Facilities: 4500 sq ft . Over 400k in inventory that is stocked in store
Competition: There is a lot of competition but this store has been there the longest and is growing year after year
Support & Training: Yes
Reason for Selling: retiring
Investment Details: Purchase shares in this supermarket for as low as $500.

Location

Kew Gardens, NY (Queens County),New York