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Asking Price$399,000
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 sf. This is a perfect opportunity for anyone is 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. They have all new refrigeration, lighting and equipment. They offer a full grocery and produce selection as well as a meat dept., deli dept. and recently delivery service. They have the inventory support of one of the largest supermarket distributors in the country. You must see it to appreciate it. 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 4 schools and many apartment complexes.  The 7,000 sq. ft. includes a 5,000 sq. ft. sales floor and 2,000 st,. 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/MTH 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 $425K 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.  Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$399,000.00 Down and None.
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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