Grocery / Supermarket
Location New York,United States
Asking Price Range < $250K
Gross Revenues $947000
Net Profit / Cash Flow $87000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Inventory 70000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner will provide.
Reason for Sale Owner relocating.
Description Location: 610 Main Street (corner Maple Ave), New Rochelle, NY 10801.
Years in Business: Since 2000.
People needed to run business: 2-3.
Licenses : Beer, Deli, Cigarettes, Food Stamps, WIC, Money Transfer, Calling Cards, MoneyGram and NYS Lotto.
Inventory value: $70,000.
Net Income from business (year):
Grocery $120,000.
Money Transfer $34,500.
Calling Cards $12,000.
NYS Lottery $3,100.
MoneyGram $2,760.
Money Order $2,112.
Total Net Income $174,483.
Expenses:
Rent $33,600.
Payroll $39,000.
Electricity $9,815.
Insurance $2,940.
Real Estate Taxes $1,020.
Water $420.
Trash Removal $360.
Gas $60.
Total Expenses $87,216.
Net Profit $87,267 (Business will pay for itself in less than one year).
Extra large basement with eleven (11) foot ceiling. Coming in 2006! New 134 apartment complex. Right across the street! Email or contact Henry Cunalata at 917-497-0729 or Henry Toro at 646-729-7242, Century 21 Sunshine, 84-44 Grand Avenue, Elmhurst, NY 11373 for more information on this Grocery / Supermarket business for sale.
Click Here To Contact Seller
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