Mediterranean Supermarket and Café

Queens County, NY
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Asking Price:$150,000
Gross Revenue:$598,000
FF&E:$320,000
Cash Flow:$100,000
Inventory:$100,000
Established Year:2021
BUSINESS DESCRIPTION

Mediterranean Supermarket and Café

LISTING ID # 36193

Mediterranean Supermarket and Café located in a high-traffic area. Price reduced! They offer a wide range of grocery products sourced from USA and throughout the Mediterranean, including prepared foods, pastries and coffee-espresso. It is fully stocked with over $100K in inventory, filling the 1860 sf space from floor to ceiling. A buyer can also enjoy the covered patio outside with several tables. They also have a small kitchen with an electric grill and small ovens. In the past 3 years they have grown a loyal following in this prime corner location. For 2023 the business grossed $598,000 with an owner’s cash flow of $100,000 (representing an owner-operator). This business is ideal for an owner-operator of family. We are seeking a serious and financially qualified buyer with at least $250K in liquid funds to cover the $150K asking price and an additional $100K for inventory. Proof of funds will be requested prior to meeting with the owner. To learn more, please call the broker. All site visits must be discreet.


DETAILED INFORMATION
Location
Queens County, NY
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Other business
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd