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Business Sales & Acquisitions

Brooklyn Supermarket – Lotto, Beer, ATM, Produce Outside

Price: $315,000

Location: Kings, New York

Industry: Retail

Listing ID: 082122017

Profitable, well-established grocery store in a busy residential neighborhood in Brooklyn. Sells cigarettes, lotto, beer, produce outside, has ATM. Large refrigerated section including a deli counter and freezer cases.

Store is well-stocked with all the daily essentials. Many people in the neighborhood buy their groceries here regularly. Mixed neighborhood caters to Chinese, Russian, Uzbek, and Spanish customers, and more.

Listing Details

Gross Revenue: $750,000

Cash Flow: $144,000

FFE: $60,000 (Included in Price)

Inventory: $60,000

Reason For Sale:

Owner retiring.

Training & Support:

Will provide as necessary.

Operation

Year Established: 1999

Year of Last Acquisition: 2007

Days & Hours of Operation: 7

Employees: 1

Location

Security on Lease: 3950

Lease Option: Yes

Monthly Rent: $ 3,950

Square Footage: 2500

Facilities Information:

10 years left on the lease with an option to extend - excellent opportunity.

New equipment consists of freezers, refrigerators and refrigerated display cases, walk-ins, and an ATM. 2,500 square feet - Full basement.