Business Summary:
LISTING ID # 37386High-traffic corner supermarket located in a prime Queens County location. Price Reduced! This established multi-ethnic supermarket sits on a busy corner in a densely populated neighborhood with tremendous foot traffic and is surrounded by residential buildings, schools, subway stations, and bus lines. The store is a busy, community-focused grocery operation offering a strong mix of domestic and international products that drive consistent repeat business. The product mix includes halal meat and fresh fish, fresh fruits and vegetables, dry goods and household staples, as well as Bangladeshi, American, and Spanish groceries, along with specialty international items not typically found in big-box supermarkets. The store serves a loyal and growing customer base in a culturally diverse area.The business demonstrates proven revenue with monthly gross sales ranging from $60,000 to $80,000 and annual seller’s discretionary earnings of approximately $104,000. The supermarket benefits from a prime high-visibility corner location with heavy daily pedestrian traffic and strong neighborhood demographics. The lease has 10 years remaining, and the rent is $6,753 per month, which is very favorable for the size of the store and the level of traffic it receives. This opportunity is ideal for an owner-operator seeking stable cash flow, a family-run operation, or an experienced grocery or specialty food operator looking to expand.The seller is seeking a serious and financially qualified buyer with approximately $332,000 in liquid funds for the asking price, a $22,300 rent security deposit, and approximately $30,000 for inventory. The sale is confidential, and all site visits must be discreet. Buyers should not speak with employees or staff, and appointments will be scheduled only after proof of liquid funds is provided. For more information, contact the broker Mel Vaz at 631-767-0157.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-37386 for instant access to this business information.Address
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