Profitable Cash Business
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2217240
Net Profit / Cash Flow $284453
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1956
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The owner is willing to stay on for a reasonable period of time.
Reason for Sale Going back into wholesale & distribution business.
Description The business sells fresh fruits and vegetables, dried fruits and nuts, fresh meat and deli. An estimated $33,000 per week is allocated to fruits & vegetables while groceries account for $14,000 per week. In the last 3-5 years, business's sales trend has been on an upswing and on pace to gross $3,000,000 for this year. The demographic breakdown of customers is as follows: Working class, Jewish (5%), Russian (70%), Italian (15%) and Chinese, Mexican and Spanish account for the last 10%. The business recently obtained its beer license and has added that to the products offered at this establishment. Contact for more information on this business for sale.
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