Produce Market.$5ML+SALES VERIFIABLE. Lifetime Opportunity.
- Revenue : $5,000,000
- Cash Flow : $680,000
SUPER Profitable. 50 Years in Business. You will NEVER find one like this again
A neighborhood institution.
7 Day High Foot Traffic Location.
One of the Bronx’s busiest shopping hubs surrounded by service businesses and national chains.
Unbelievable high visibility super high 7-day foot traffic location, on-route to major subway and bus lines.
Other markets and supermarkets come and go.
Focused on providing the neighborhood fresh, high-quality fruit & vegetables at excellent prices.
Very few businesses generate this high owner income consistently and come to market.
RENT is less than 5% of SALES.
Location: Bronx, NY
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 3,000
Lease Expiration: 12/31/2031
Employees: 7 FT+6 PT
Facilities: 3,000 SF Store with Full Basement. 10-year lease at $11,330/MONTH with 3% annual increases. Real estate taxes $5,000/MONTH and CAM $10,000/YEAR. Super Large Heavy Duty Walk-in boxes on the store level and basement.
Competition: Limited competition. Highly rated online reviews as “The Place To Shop For Fruit & Vegetables in the Neighborhood”.
Growth & Expansion: Establishing wholesale accounts with the area restaurants and delis. Selling fruit platters and more packaged cut fruit.
Financing: Limited seller financing to qualified buyer
Support & Training: The owner will transition
Reason for Selling: Retiring
Purchase shares in this supermarket for as low as $500.