MergerPlace

Extremely Successful Supermarket

Brooklyn, New York


  • Asking Price: $4,799,000
  • Gross Income: $8,600,000
  • Cash Flow: $835,000
  • Real Estate: Not Disclosed
  • Inventory: $250,000
  • FF&E: Not Disclosed
  • Listing ID: #204152
  • Established: 2002
  • Employees: 50

Business Description

Beautiful Supermarket with excellent cash flow located in an extremely busy area in Brooklyn. The supermarket has a long standing loyal customer base with a plethora of repeat customers. They have been in business over 15 years and has had high volume foot traffic since inception accompanied by a fantastic net income.

Designed and built by a local Supermarketeur who has had and currently has numerous wildly successful companies in the Tri-State area. The owner is looking to head into retirement and is finally ready to part ways with one of his crown jewels. This market is another one of his successful and proven business models that is poised to have tremendous cash flow for years to come. This is a turn-key operation with a phenomenal management team in place. A potential buyer can be completely absentee if they wish to be.

The market has an incredible layout that is filled with specialty, fresh and organic foods. It is also equipped with a full meat department as well as a phenomenal bakery. Lunch time is especially busy every single day with its incredible buffet offering. This is truly a must have Supermarket for anyone currently in or looking to get into the Supermarket space.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: New York
Metropolitan Area: Brooklyn

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 50

Financial Information

Asking Price: $4,799,000
Gross Revenue: $8,600,000
Cash Flow: $835,000
Inventory: $250,000
Seller Financing Available: Yes

Property Information

Facilities:

1st floor of a major residential complex located in the heart of Brooklyn. 6500 sq.ft market with a 4500 sq.ft basement and a 2000 sq/ft mezzanine.

Reason for selling:

Retiring.

Support & Training:

Owner will assist for up to 60 days.

Contact Business Seller

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Business Listed By:

Kenneth Yeglinski

Business Acquisition Experts