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#Business ID: 19226

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Grocery Store

Business Location: Westchester, New York, United States

Asking Price: $ 299,000 Revenue: $ 1,250,000 Cash Flow: $ 110,000

Business Summary

An opportunity to buy a grocery store and gourmet market at a low price and make a lot of money.

This shopping center location is central to the surrounding area, populated by upscale young families.

Make it your own concept with to-go prepared foods, juice bar and specialty items.

Excellent lease and a great location.

A great buy at a great price.

All offers considered.

Facilities: Located in a high traffic shopping center in an upscale area.7,200 SF store with full basement. 10/10 lease at $9,600/month with 3% increases. Real estate taxes $,000/month with $2,500/month CAM charges. Fully equipped kitchen. Lease can be renegotiated.

Property Details

Years Established:

1985

Property Type:

Lease

Other Business Details

Competition:

This grocery and market has produce, salad bar/deli with full kitchen, gourmet food items and is unique to the area. Well reviewed on all major sites with a great reputation for fresh produce and well prepared food selection. The location services a high income area.

Expansion Potential:

The owner has operated the business for over 23 years and is retiring for health reasons. As an absentee operated business the sales have declined from $2ML to the current level. An owner operator can reposition and increase sales substantially. The store does no advertising and marketing.

Business Operation Details

Employees:

4

Miscellaneous Details

Financing Available:

Yes
Seller financing to qualified buyer.

Reason For Selling:

Absentee owner retiring.

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