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Asking Price$350,000
Revenue$540,000 EstablishedUndisclosed
Cash Flow$108,000 Employees2 full, 3 part
FF&E$100,000 FranchiseNo
Inventory$112,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Phenomenal Supermarket - 7,000 sq. ft. *OWNER MUST SELL DUE TO A SERIOUS HEALTH ISSUE*. This is a perfect opportunity for anyone in the supermarket industry looking for their own place, or a current owner seeking an additional location. This is turn-key and newly renovated. The current owner spent tremendous time, effort and money to update this location. There is all new refrigeration, lighting and equipment. This supermarket offers a full grocery and produce selection, as well as meat department, deli department and, recently, delivery service. They have the inventory support of one of the largest supermarket distributors in the country. You must see this business to appreciate. The owner must sell due to recent health condition. The store is stand-alone, with a parking lot for at least 17 cars. They are surrounded by four schools and many apartment complexes. The 7,000 sq. ft. includes a 5,000 sq.ft. sales floor, and 2,000 sq.ft. of storage. There is no basement. Sales are expected to hit $540,000.00 (and growing daily), with a cash flow of approx. $108,000.00. This store has the potential to gross $50k/wk. That is possible with an owner/operator. There are 13 years left on the lease, with a rent of $6,500/month and only 2% annual increases! The store needs an owner/operator with supermarket experience. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds to cover the asking price, plus $112K in inventory. To learn more, please call Mel Vaz at 1-877-735-5224.ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:The seller will train the new owner.
Seller Financing:350,000.00 Down & OWNER MUST SELL DUE TO A SERIOUS HEALTH ISSUE!
Sale Reason:Health condition.
Ad #98631
Seller Reference #30398
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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