This Brooklyn grocery store is a well-established, profitable business located in a high traffic commercial corridor. It is semi-absentee run, the owner is not physically at the store on a daily basis given he has a managerial assistant and security cameras. The store has very low rent for the area, which helps to keep costs down and increase profitability.

This mini market sells a variety of products such as halal meats, groceries, dairy, produce, and household cleaning items. The estimated sales breakdown is as follows:

60% meat/grocery
20% fresh produce
10% household/beauty supplies
10% frozen products

The current owner generally has working capital on hand of $125K, which is conservative. Inventory is to be sold at cost at closing.

This is a fantastic investment opportunity for a skilled entrepreneur!