Islip Supermarket - $90k Weekly & Climbing - $2M Buildout - Turn Key
Current owner recently took this location over and brought it back to life with plenty more room to grow. Investing over $2M into this location in FF&E makes this a turn key , walk in the door and build off of the current sales of $85K-$95K a week it's doing now. Unfortunately the current owner lives 3 hrs away and is having a hard time running this AAA location. This location needs an experienced owner / operator that knows how to keep track of inventory and adjust to the huge clientele in the area and bring this location to the next level. New Hood & Ansul System , Deli Dept , computer & P.O.S system and all equipment in excellent working condition. Closest competition is closing down and will increase sales at this location drastically. This location is built to handle over $200K in sales a week without spending a dollar. 40 Year lease in place for a new , qualified buyer. Current owner has so much confidence in this location that he is willing to contribute to the rent for the first 6 months with an experienced operator. Approximately $350k in inventory on top of the asking price and you are ready to move forward with this great opportunity. Must See this location!!
- Asking Price:
- $1,300,000 (USD)
- Sales Revenue:
- $4,420,000 (USD)
- Cash Flow:
- Available on request
Property Information
- Location:
-
Islip Terrace, NY (Suffolk County)
- Size in square feet:
- 23,000
Business Operation
- Reasons for selling:
-
Other business interests
Other Information
- Support & training:
-
Seller willing to train new buyer