Ethnic Grocery Store for Sale in New York
Asking Price: | $399,000 |
Gross Revenue: | $720,000 |
FF&E: | $120,000 |
Cash Flow: | $125,000 |
Inventory: | $100,000 |
Established Year: | 2022 |
LISTING ID # 36013
An Indian, Bangladeshi, Pakistani, along with other Muslim community grocery store , is located in a hub of a Community in Suffolk County, New York. The size is 2400 sq. ft. The lease is for 25 years, and the rent is $5,000. Halal meat sells very well with a 40% profit margin. The other grocery items also do well. The inventory is worth $100,000, and is included in the asking price. The store has enough space to start a take-out halal food section. The seller no longer wishes to commute everyday to the store. After paying all the expenses, the seller's net cash flow is $125,000. Call the broker for more information.
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