Well Known Brand Supermarket, Nassau County, NY
Listing: #NYC00070Kingsley Allison
Broker | New York City
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About this Business for sale in New York
Well Known Brand Supermarket, Nassau County, NYGreat opportunity for a new owner to increase sales. Financing available for this Well-known and established 40 years old franchised Supermarket. It has a Full, meat, dairy, produce, and grocery section.
Family owned and a pillar in the community.
Solid and steady volume and profits for nearly 4 decades.
Grossed $25,000 per week. Current owner NOT advertising and sending out circulars costing the business $15-20,000 per week in gross sales.
Opportunity to add Deli, lottery, hot, delivery, and cold prepared food
Asking Price:$450,000
Cash Flow:$100,000
Gross Revenue:$1,200,000
FF&E:$300,000
Inventory:$100,000*
Rent:$7,600 /Month
Established:1980
*not included in asking price.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.