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Business For Sale

Prominent Independent Supermarkets In Palm Beach

West Palm Beach, FL, USA

Food & Beverage: Conv & Food Stores

Asking Price:
Year Established:
Employees:
Listing Number:
$8,000,000
1994
107
355523793
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$28,328,210
Not Disclosed
$465,494
Not Disclosed

Business for Sale Overview:

An excellent opportunity for an experienced supermarket operator on the lookout for an exceptional opening to own 2 specialty, gourmet, and full service food markets in Palm Beach County, Florida. The stores are located within medium-class, dense neighborhoods, on major roads with very high traffic counts. Both markets have a terrific reputation and community support in the highest traffic area with excellent name recognition locally and within the greater region for high quality goods and services. Competition is very limited both geographically and in terms of the stores positioning and serving distinctive target population. These 30,000 square feet and 30,000 square feet stores offer complete line of products including groceries, fresh produce, meats, bakeries and ready made, precooked foods from their own kitchens. The stores feature modern interior, state of the art fixtures and equipment, with 10 registers in the smaller store and 9 in the other. The stores enjoy very attractive long-term leases (with options for 15 and 20 years). The seller covers a significant portion of the lease payments by sub-leasing small areas to independent vendors, who in turn enjoy the high traffic of customers.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

These 30,000 square feet and 30,000 square feet stores offer complete line of products including groceries, fresh produce, meats, bakeries and ready made, precooked foods from their own kitchens. The stores feature modern interior, state of the art fixtures and equipment, with 10 registers in the smaller store and 9 in the other.

Market Competition and Expansion:

Both markets have a terrific reputation and community support in the highest traffic area with excellent name recognition locally and within the greater region for high quality goods and services. Competition is very limited both geographically and in terms of the stores positioning and serving distinctive target population.

Reason for Selling:

Other interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Prominent Independent Supermarkets In Palm Beach
Business Listed By:
yossi haimberg
Catalyst Business Brokers
contact the seller
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