Property Details

Long Standing Neighborhood Suburban Market - Monroe County

Property ID : SPL25.207

For Sale $125,000.00 - Convenience Store

DESCRIPTION:

  • A Neighborhood Grocery Store and Meat Market located on a busy avenue on the east side ofMonroe County NY
  • Has been operating at this location in 1965
  • Great reputation for high quality sausages &meats
  • 1,600 Sq Ft building & 1,600 Sq Ft full basement for prep and storage
  • Recently remodeled and operated by the current owner since May 2015
  • Carries the standard convenience items including beer and lotto
  • Hours of operation Mon. – Sat. 10 AM -7 PM and Sunday 10 AM -3 PM
  • Ample parking available with a well lighted parking lot for 25 cars

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Furniture fixtures & equipment with a fair market installed value of $ 30,000
  • Inventory of $ 15,000 at cost

 LEASE ARRANGEMENTS:

Current rent is $3,194 gross per month, with 4 years remaining on the Lease term, and a 5 year option to renew

SALES:                                   

                                           2016    

Sales:          $  752,050

                 SDE:            $   81,482

 PRICE/FINANCING:

      Asking price is $125,000. With $ 65,000 down the seller will finance the balance of the purchase price to a qualified buyer

 COMMENTS:

A great opportunity for a owner /operator or an experienced butcher. 37% of sales are obtained from the  meat department. Newly remodeled and updated equipment added. Great reputation, this location has been here since 1964 and is a mainstay in this east side community. Owner is looking to sell to pursue other adventures.

 

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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