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For Sale Supermarket, Real Estate In Monroe County, New York

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Contact: Blair Sibley at 607-301-0967, 607-301-0967 - Log In To Message/Email This Contact
Last Revised: 9/10/19. Posting #: 10249083
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Key Words: grocery, market, supermarket, deli, meat market, monroe, upstate new york
Financial Info: Asking Price: $775,000. Includes - FF&E: $115,000, Inventory: $110,000, Real Estate: $550,000. Revenue & Rent Collected: $1,656,337, Sellers Discretionary Earnings: $70,529. Other services that could be added include: making to-order subs, wraps/sandwiches, ATM, coffee, Lotto, catering, delivery.
Profile: The store occupies the 4,000 sq. ft. first floor. The 3 apartments on the second floor make up approximately another 3,000 sq. ft. In addition to the main floor, the building has a clean/dry basement that houses storage space for the business and three upstairs apartments.

Offering prepared food, a strong trend in the supermarket/C-store space, would certainly drive financial performance. Other products and services that could be added include; making to-order subs, wraps and sandwiches, ATM, coffee, Lotto, catering and delivery. There is ample space available to install a commercial kitchen should the Buyer wish to do so. The installation of a POS would significantly increase efficiencies and profits too.

The standalone building currently houses a commercial tenant paying rent far below the market. The Buyer could use that space to expand store operations or start another business. Offerings synergistic to the store include; café, coffee shop, restaurant, pizza, brew pub, wine bar, etc.

There are multiple tenants who’s rent has not increased in many years. Adjusting the rent from the apartments to reflect the market could yield a significant increase in gross revenue.

The store is currently staffed with one full-time manager who has been there for 30 years and would likely stay on. There also are 11 other part-time employees. 2 of which have been there for 16 and 30 years respectively. The owner spends the bulk of their time in an oversight capacity with a focus on inventory control.

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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Contact: David Richman at 860-408-9177   Log In To Message/Email This Contributor
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
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Contact: Kyle Griffith at 631-390-9650 X101, 631-339-0249 (Cell)   Log In To Message/Email This Contributor
Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contributor: Joe Ranieri at 714-292-5448   Log In To Message/Email This Contributor
Profile: Southern California business broker Joe Ranieri provides business owner/sellers with helpful tips for interviewing and selecting a business broker. Included are things to look for when speaking with business brokers to determine if they are the best candidate to help you sell your business.
Key Words: business broker, business brokers, broker, brokers, sell a business, selling a business, sell my business, joe ranieri
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Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
Profile: To prepare your business for sale, business owner sellers need to think like a buyer to reduce risks. John Byrne, CPA, Valuation Expert, and Due Diligence Advisor, shares three factors business owners need to address in order to maximize their business’s value at exit.
Key Words: valuation, business valuation, valuing a business, valuing your business, sell a business, selling a business, sell your business, sellers, john byrne
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Customers and potential business buyers can learn a lot about a business simply by its appearance. BBN Manager Jordan Green discusses the importance of curb appeal and how properly maintaining a business can not only add to its value, but also improve its ability to sell when the time comes.
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Contributor: Spencer Siegel at 925-701-8064 X315   Log In To Message/Email This Contributor
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
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Comments & Replies: 10   Topics: broker cooperation, business brokers, buying a business, for sale by owner, pocket listings, selling a business
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Contributor: Blair Sibley, Business Broker at - Log In To Message/Email This Contributor
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Profile: In this BizBenNetwork discussion led by New York Business Broker Blair Sibley, BBN members and resources discuss the many factors that impact the length of time needed to successfully sell a small to mid-sized business and provide sellers with tips for preparing their business for sale.
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Contributor: Tim Cunha, Broker, Specialist at - Log In To Message/Email This Contributor
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