High-volume Supermarket $120K Weekly Sales $1.3M SDE For Sale

Description

Neighborhood supermarket on Long Island with weekly sales of about $120,000.

The store has been operating in the area for many years and serves regular local customers.

Financials

• Weekly sales: approximately $120,000
• Annual revenue: approximately $6.24 million
• SDE: approximately $1.3 million for the last year
• Monthly rent: $7,800
• Weekly payroll: approximately $23,000

Lease and Staff

• Lease remaining: 38 years
• Employees: 26

The supermarket operates with several grocery departments and an existing staff already in place.

The seller mentions delivery, catering, prepared foods, store updates and additional marketing as areas that could be developed further.

Sale Process

The exact location is confidential.

• Signed NDA required
• Proof of funds required before additional information is released

Other Information

• Asking price: not provided
• Exact address: confidential
• Store size: not provided
• Inventory value: not provided