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Asking Price$165,000
Revenue$750,000 Established2002
Cash Flow$100,000 Employees2 full, 10 part
FF&E$80,000* FranchiseNo
Inventory$70,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Cash Flow and Location!!  It is one of only 2 Mexican Grocery stores in the area and Rochester is one of the nation’s fastest growing communities! The Mayo clinic and the new $6 Billion expansion plan for the medical center is a huge factor for this growth! This has made Rochester a Global destination for Health and Wellness!  This is currently a family owned business that was started 13 years ago and has been very successful! Owner now has decided to sell and retire. The business is doing great and it cash flows over $100,000.00 per year!  Included in the business purchase is the inventory which is currently at approximately $70,000. The owner keeps this at a stable level.  Business also includes: Complete Grocery store w/ Fresh Meat Department, Taqueria/ restaurant inside featuring lunch specials, Wire Transfer/ Money Order Headquarters, Free standing building w/ Ample Parking, Owner will consider selling real estate with business purchase.
Facilities:Building size: approx. 3,000 sq. ft., Lease: $3,500.00/month gross rent (plus utilities).
Competition:Only one other Mexican grocery store in town! Rochester is ranked #1 for best cities in 2016 to live, work and own a business! Please check this site for more info: http://www.raedi.com/. Rochester Named #1 City for 2016. Livability.com names Rochester the #1 city on its list of "Top 100 Best Places to Live" for 2016! Rochester Named in 10 Top Most Affordable Places to Live in 2015; named one of the 10 Best Affordable Places to Live in 2015 by Livability.com; One of the Nation's Best Places to Live; recently ranked #2 out of 100 Best Places to live in 2015, according to Livability.com; Ranked in Top 10 Easiest Place to Find a Job; ZipRecruiter.com analyzed their database of over 23 million job applications and 4 million job postings and discovered that Rochester, Minnesota, was among the top 10 easiest cities in the U.S. to find a job in 2014.
Growth Potential:This is a wonderful, positive business that will continue to grow with the town as is expands for future business developments!
Training/Support:Owners will train new buyers. Training time to be negotiated between buyers/sellers.
Seller Financing:Cash out or $100,000.00 terms acceptable to seller.
Sale Reason:Retirement
Ad #76082
Seller Reference #1215093
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Contact This Seller
Jerry Vlaminck
Hospitality Services Corp.
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