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Business For Sale
GROCERY STORE ESTABLISHED 20 PLUS YRS. IN NW HOU.
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Asking Price: |
$350,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Changed investment strategy. |
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Year Established:
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1988 |
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# of Employees:
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10 |
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Yearly Cash Flow:
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$247,428 |
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Yearly Gross Income:
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$3,122,275 |
Business for Sale Overview:
Supermarket located in NW facing busy traffic intersections. Current owner has operated for more than 20 years. Most customers are repeat customers. Business is very well-known in the neighborhood. Besides sale of groceries and lotto, business has fresh meat/seafood, vegetables/fruits and frozen food market. They also offer check cashing which generates revenues of $12,000 - $15,000 month. Asking price includes $90,000 in inventory. Excellent opportunity with high revenues and very good cash flow. Absentee owner. Seller Financing is available for qualified and serious Buyer only.
Property Features and Assets:
9,000 Square Feet freestanding facility.
Market Competition and Expansion:
Keep up good work of current owner for last 20 plus years.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for 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.
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