Listing ID: 66932

Business Overview

Fresh produce market and serving food on a busy street corner. Location has high foot traffic with lots of businesses nearby. Easly accessible from subway and bus lanes. Market has a large selection with indoor and outdoor portions.

Asking price: 2,950,000

Sales weekly: 140K to 180K

Grossing 7,300,000 to 8,500,000 annually

Netting after everything 1,050,000 to 1,100,000

Rent 50k.

Lease 17 years remaining (could be extended).

10K SQ FT

15K SQ FT basement.

4 Kitchen are in the basement.

Semi absentee.

EBT is accepted.

Payroll 28k to 30K a week.

All other expenses 25k a month.

40 Employees (some of them part time).

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.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

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

Financial

  • Asking Price: $2,700,000
  • Cash Flow: $1,050,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:25,000
  • Lot Size:N/A
  • Total Number of Employees:40
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.