Dec 19, 2019 — Long Established Niche Supermarket. Major Price Reduction. This business has become a community landmark. They have a fishmonger and butcher counter along with pre-packaged fresh meats in the open refrigerator section. A multi-tiered stand holds vegetables and herbs. The back holds shelves of sauces, spices and canned goods. The center section has frozen and more refrigerated goods, and still more groceries. In the past year the business grossed approx. $1,489,000.00 with a net cash flow of approx. 12% or $178,680.00. There are 8.5 years left on the current lease, which is triple-net. The rent is approx.. $12K/mth with all fees and charges. The space is 3,000 sq. ft, plus a full basement with freezers and storage. The owners are selling due to a partnership dispute. We are seeking a serious and financially qualified buyer with at least $295K in liquid funds to cover the $235K asking price and approx. $60K in inventory. To learn more, please call or email broker. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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