Supermarkets For Sale in Rochester New_york

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Mid Sized Supermarket And Mixed-use Real Estate With Apartments

Location:Rochester, New York

Category:Supermarket

Asking Price:$775,000

  • Sales revenue : $1,656,337
  • Net profit : $70,529
  • Furniture/Fixtures value : $115,000
  • Inventory/Stock value : $110,000
  • Mid Sized Supermarket And Mixed-use Real Estate With Apartments
  • Mid Sized Supermarket And Mixed-use Real Estate With Apartments

Business description

Opportunity to purchase a long-standing and profitable business along with fully occupied mixed-use commercial real estate in a resurgent neoghborhood. The real estate is included in the asking price. The Seller would sell the real estate separately but not until the business is sold first. The business is a ful-service super market offering groceries, and fresh food that has been serving the eastside community for over 50 years. It offers a full-service meat department, deli, subs, a full line of groceries including money saving brands, specialty items, pre-made subs aong with fresh fruits and vegetables.

Other Information

  • Selling Assets: Real Estate - $550,000 Inventory - $110,000 FF&E - $115,000
  • Is Business Relocatable?: No
  • Is Business Home Based?: No
  • Franshise Terms: na
  • Real Estate: The real estate is included in the asking price. It is comprised of 3 buildings on 2 adjacent parcels. The parcel with the store has 2-story building on it (9700 SF). The store occupies the 4000 SF first floor. The 3 apartments on the second floor make up approximately another 3000 SF. In addition to the main floor, the building has a clean/dry basement that houses storage space for the business and three upstairs apartments. The adjacent parcel has 2 buildings on it. Closest to the street is a single story 720 SF standalone building housing a commercial tenant. Behind it is a 2-story building 2000 SF building with 3 apartments, co-joined to the building with the store.
  • Expansion: The business is being run the same way it was decades ago. There are a good number of products, services and technologies that could be offered / implemented any one of which would have a significant impact on the business. Details available upon request. On the real estate side there are several tenants whos rent had not increased in many years. Be advised the numbers in this ad include revenue and expenses from the real estate.
  • Years Established: 1970
  • Employees: 2 FT/10PT
  • Trading Hours: M-Sa 8A-8P/Su 8A-7P
  • Support Training: 2 weeks to provide for a smooth transition.
  • Reason For Selling: Retirement
  • Lease Terms: Negotiable.
Klassen Ingalls
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