2-store Supermarket Portfolio – $260K Weekly Sales For Sale

Description

Rare opportunity to acquire a two store supermarket portfolio in Long Island. Both locations are well established and operate as anchor tenants within their respective shopping plazas, driving consistent foot traffic and stable sales.The stores are located just 20 minutes apart, allowing for operational efficiencies in management, staffing, and purchasing. This is a turnkey operation with all vendor relationships in place, ensuring a smooth transition for a new owner.Both locations are approximately 10,000 sq ft and benefit from strong weekly volume and favorable lease structures. Seller is motivated and relocating out of state, looking to sell both locations as a package.OverviewWeekly Sales Combined: approximately 260,000Store #1: approximately 150,000 per weekStore #2: approximately 110,000 per weekAnnual Revenue: approximately 13,520,000Store Size: approximately 10,000 sq ft eachLeaseStore #1: 20 year lease, rent 26,400 per monthStore #2: 8 years remaining, rent 19,500 per month, landlord open to extensionBoth locations are anchor tenantsAsking Price3,100,000 for both locations plus inventoryInventoryAdditional, to be counted at closingA signed confidentiality agreement is required for the exact location.