Fruits And Vegetables Store
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2000000
Net Profit / Cash Flow $450000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Fantastic produce store located in Bensonhurst, Brooklyn s busiest area. It has very strong cash flow and customer base, due to well priced products and reputation. The store offers fresh fruit, vegetables, spices, selected grocery and frozen products. It has good visibility and displays all of its products. The front displays mainly the fruits and vegetables, whereas the back has refrigerators where all the perishable food goes. The basement has large refrigerators. The owner has recently leased the store next door with the same specs. The old store is 1,000 sq.ft, plus 500sq.ft, and 500sq.ft in the back, whereas the basement is 1,000 sq.ft. The lease for both stores is $11,500 for 10years. The owner is willing to finance 20%. Gross sales for the old store are over $2 million and the new store is opening this month. Projected sales for both stores are approximately $4 million.
Competition: It has good visibility and displays all of its products. It also is the busiest business on the block.
Growth and Expansion: The thriving neighborhood and the loyal customer base, makes this store a great investment where success is certain.
Primary Category: Retail - Other Food Stores.
Secondary Category: Retail - Supermarkets.
Date Listed: 1/27/6.
Date Last Updated: 2/6/6.
Financial Information:
Asking: $1,400,000.
Gross: $2,000,000.
Cash Flow: $450,000.
Financing: 20%.
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