Well Established Queens Supermarket For Sale
Business Description
HS Listing ID-62878
– Prime Location: Situated in the vibrant and diverse neighborhood of Astoria, this supermarket benefits from high foot traffic and a loyal customer base. Astoria is known for its strong community spirit and bustling commercial activity.
– Well-Established Business: With a strong annual gross revenue of $1.6 million, this supermarket has a proven track record of profitability, making it a reliable investment.
– Additional Revenue Streams: Beyond traditional grocery sales, the store generates an additional $700 weekly from lottery ticket sales, providing a steady supplemental income.
– Spacious Layout: The 3,700 square feet of retail space offers ample room for a wide variety of products, ensuring customers can find everything they need in one convenient location.
– Long-Term Lease: The remaining 9-year lease provides stability and security, with a rent of $14,000 per month that includes taxes, making financial planning straightforward.
– Efficient Payroll Management: The weekly payroll is set at $4,000, allowing for efficient and effective staffing to maintain high service standards.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
– Prime Location: Situated in the vibrant and diverse neighborhood of Astoria, this supermarket benefits from high foot traffic and a loyal customer base. Astoria is known for its strong community spirit and bustling commercial activity.
– Well-Established Business: With a strong annual gross revenue of $1.6 million, this supermarket has a proven track record of profitability, making it a reliable investment.
– Additional Revenue Streams: Beyond traditional grocery sales, the store generates an additional $700 weekly from lottery ticket sales, providing a steady supplemental income.
– Spacious Layout: The 3,700 square feet of retail space offers ample room for a wide variety of products, ensuring customers can find everything they need in one convenient location.
– Long-Term Lease: The remaining 9-year lease provides stability and security, with a rent of $14,000 per month that includes taxes, making financial planning straightforward.
– Efficient Payroll Management: The weekly payroll is set at $4,000, allowing for efficient and effective staffing to maintain high service standards.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $14,000.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2268874
- Listing Views
- 2989
Listing ID: 2268874 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew York Businesses for SaleNew York Food & Beverage Businesses for SaleNew York Grocery & Supermarkets Businesses for Sale
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