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Popular Grocery Store in Prime Location for Sale

$ 450,000
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Description

Neighborhood 20+ year old supermarket located on one of the busiest roads in its’ town. Close to train stations, malls, apartment building and other well-known establishments. Owner is looking to retire but this place is ripe for a new owner operator to really bring this place to the next level. Could use some TLC & marketing to bring it back to life (still runs very well). 12 years left on the lease, 4 employees, huge parking lot, licenses in place etc. etc.

Gross sales: 1,170,000
Net income: 185,000
Inventory:Not included in asking price

State/County: ,
Country: United States
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Property Id : 516
Price: $ 450,000
Gross Revenue: $1,170,000
Rent: $7,600 /Month
Employees: 4
Building SF: 4,000
Cash Flow: $185,000
Inventory: $90,000*
Reason for Selling:: Owner is retiring
Real Estate: Leased

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