Listing ID: 37996

Business Overview

Take ownership of a thriving supermarket, ideally located in a bustling corner spot of Queens, New York.

This 1700 sq ft grocery store has been under the same ownership since 1998, testifying to its enduring appeal and profitability.

Primarily focusing on grocery sales, the store benefits from both indoor and outdoor spaces.

Currently run on an absentee basis, the business offers fantastic potential for an active owner-operator.

Situated at a high-traffic intersection with a traffic light, it enjoys extremely busy foot traffic, ensuring a steady stream of customers.

A new lease will be issued, providing a fresh start for the new owner.

There is about $150k of inventory not included in the asking price.

Capitalize on this opportunity to own a well-established, successful business in one of the most vibrant and densely populated boroughs of New York City.

Take the reins and drive this business to its next level of success.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $1,500,000
  • Cash Flow: $550,000
  • Gross Revenue: $3,800,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A
About The Facility:

Take ownership of a thriving supermarket, ideally located in a bustling corner spot of Queens, New York.

Competition:

This 1700 sq ft grocery store has been under the same ownership since 1998, testifying to its enduring appeal and profitability.

Opportunities and Growth:

Currently run on an absentee basis, the business offers fantastic potential for an active owner-operator.