Business for Sale Overview:
This convenience store/food market with real estate has been established approximately 57 years. The current owner worked for the previous owner for 14years and took over in 1998. Located in South Houston on a corner with high visibility facing a major intersection. In addition to groceries, business has "fresh" Seafood-Meat-Vegetables-Frozen Foods sections. Check-cashing charge is 2% plus fee, earning approximately$8,500 to $10,000 per monthly. They accept Foodstamps and also offer Lotto. Currently grocery sales are $50,000 per month. Security system with 5 cameras. One extra cash-register area for the busy time. Long-term repeat customers from the surrounding neighborhoods are always coming back because this business has high quality food products, friendly customer service and a good reputation. Asking price includes $60,000 of inventory. Purchase the property plus the business or just acquire the business and lease the facility. Good asking price for a profitable business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
4,000 Square Feet freestanding facility on 26,229 Square Feet of land.
Market Competition and Expansion:
Extend operating hours. Open deli/fast food.
Reason for Selling:
Burn-out.
Additional Details:
- The property is owned.
- The owner is not 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.