HedgeStone Group
Well Established Queens Supermarket For Sale
HedgeStone Group - New York, New York, us, 10261
Work at HedgeStone Group
Overview
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Overview
Prime Location:
Situated in the vibrant and diverse neighborhood of Queens, this supermarket benefits from high foot traffic and a loyal customer base. Astoria is known for its strong community spirit and bustling commercial activity. Well-Established Business:
With a strong annual gross revenue of $1.6 million, this supermarket has a proven track record of profitability, making it a reliable investment. Additional Revenue Streams:
Beyond traditional grocery sales, the store generates an additional $700 weekly from lottery ticket sales, providing a steady supplemental income. Spacious Layout:
The 3,700 square feet of retail space offers ample room for a wide variety of products, ensuring customers can find everything they need in one convenient location. Long-Term Lease:
The remaining 9-year lease provides stability and security, with a rent of $14,000 per month that includes taxes, making financial planning straightforward. Efficient Payroll Management:
The weekly payroll is set at $4,000, allowing for efficient and effective staffing to maintain high service standards. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION. Asking Price:
$399,000 Cash Flow:
$190,000 Gross Revenue:
$1,600,000 EBITDA:
N/A FF&E:
N/A Inventory Included:
No Detailed Information
Property Owned or Leased:
Lease Property Included:
N/A Building Square Footage:
N/A Lot Size:
N/A Total Number of Employees:
N/A Furniture, Fixtures and Equipment:
N/A Is Support & Training Included:
Yes. Purpose For Selling:
Other business interests. Cooperating Broker of Record:
Jason Green, SFR Realty, LLC, New York - 10301222535 Listing Inquiry:
Purchase Time Frame? Immediate 7 days 15 days 30 days or more
#J-18808-Ljbffr
Situated in the vibrant and diverse neighborhood of Queens, this supermarket benefits from high foot traffic and a loyal customer base. Astoria is known for its strong community spirit and bustling commercial activity. Well-Established Business:
With a strong annual gross revenue of $1.6 million, this supermarket has a proven track record of profitability, making it a reliable investment. Additional Revenue Streams:
Beyond traditional grocery sales, the store generates an additional $700 weekly from lottery ticket sales, providing a steady supplemental income. Spacious Layout:
The 3,700 square feet of retail space offers ample room for a wide variety of products, ensuring customers can find everything they need in one convenient location. Long-Term Lease:
The remaining 9-year lease provides stability and security, with a rent of $14,000 per month that includes taxes, making financial planning straightforward. Efficient Payroll Management:
The weekly payroll is set at $4,000, allowing for efficient and effective staffing to maintain high service standards. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION. Asking Price:
$399,000 Cash Flow:
$190,000 Gross Revenue:
$1,600,000 EBITDA:
N/A FF&E:
N/A Inventory Included:
No Detailed Information
Property Owned or Leased:
Lease Property Included:
N/A Building Square Footage:
N/A Lot Size:
N/A Total Number of Employees:
N/A Furniture, Fixtures and Equipment:
N/A Is Support & Training Included:
Yes. Purpose For Selling:
Other business interests. Cooperating Broker of Record:
Jason Green, SFR Realty, LLC, New York - 10301222535 Listing Inquiry:
Purchase Time Frame? Immediate 7 days 15 days 30 days or more
#J-18808-Ljbffr