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Business For Sale

GROCERY STORE ESTABLISHED 20 PLUS YRS. IN NW HOU.

Attn: Hong Phan
Houston area, TX, USA
Listing Number: "6842HP"
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Asking Price: $350,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores  
Reason for Selling: Changed investment strategy.
Year Established: 1988
# of Employees: 10
Yearly Cash Flow: $247,428
Yearly Gross Income: $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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