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Business For Sale
A WELL ESTABLISHED MIDDLE EASTERN GROCERY STORE
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Asking Price: |
$225,000
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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Downsizing |
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Year Established:
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1982 |
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# of Employees:
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2 |
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Yearly Revenues:
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$520,000 |
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Yearly Cash Flow:
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$100,000 |
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Monthly Payroll:
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$3,000 |
Business for Sale Overview:
Location, Location, Location! This store is located in one of the most sought after locations in Falls Church where traffic count is very high and traffic is always busy! Monthly payroll: $3,000 per month. Open 7 days per week from 10am-9pm. Store can convert to regular American food grocery store or can stay the same. It is a specialty grocery store that features a large selection of Middle Eastern groceries and spices, sweets, books, china & pottery, jewelry & apparel, Arabic and Islamic products, and gifts. Don't miss the chance to buy a well located store that is a real money maker!
Property Features and Assets:
A spacious 2,000 square feet retail grocery facility that is well furnished. Plenty of parking space. Current lease expires in 2.5 years with a 5 year option to renew. Rent: $5,000 per month including CAM & utility bill averages $250 per month.
Competition: This business is in a prime location.
Market Competition and Expansion:
This business is in a prime location.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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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