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Ethnic Grocery Store

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$399,000 $720,000 $125,000

Furniture and Fixtures Value:
$120,000 ( not included in the asking price)

Inventory Value:
$100,000 (included in the asking price)

Business Summary:
LISTING ID # 36013An Indian, Bangladeshi, Pakistani, along with other Muslim community grocery store , is located in a hub of a Community in Suffolk County, New York. The size is 2400 sq. ft. The lease is for 25 years, and the rent is $5,000. Halal meat sells very well with a 40% profit margin. The other grocery items also do well. The inventory is worth $100,000, and is included in the asking price. The store has enough space to start a take-out halal food section. The seller no longer wishes to commute everyday to the store. After paying all the expenses, the seller's net cash flow is $125,000. Call Syed at 631-374-7686 for more information.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36013 for instant access to this business information.

 
   
   
Year Business was Established: 2021
   
Number of Employees: 2 FT/2 PT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Personal  
 

 

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