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Business For Sale

Established Spanish Grocery w/ Laundromat

South Central, FL

Food & Beverage: Conv & Food Stores

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,375,000
$1,900,000
Not Disclosed
$175,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1948
8
316930070
Owner Financing is Available!
Partial owner financing to a qualified buyer.

Business Overview:

This 5,700 sq. ft. well established neighborhood Spanish supermarket located in a rural town in South Central Florida since 1948 servicing a mostly low income and Hispanic clientele. However, the present owners have not been aggressive in pursuing the tremendous potential of the Meat, Produce and Deli departments, which this town is lacking. A Laundromat is also included in the business and the property can be purchased or the owner will consider a long-term lease. This store represents an excellent opportunity for an aggressive grocery/meat and perishable experienced person to acquire a store that could give a lifetime of extremely high earnings as well as benefits considering the fact the property is available with the business or can be leased.

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:

Located on a busy four lane State Highway in the heart of a small Spanish community in South Central Florida, the building consists of 7,500 sq. ft. and sits on approximately 1/2 acre lot with more than ample parking. There are two adjoining parcels to the building. One is a Laundromat and the other is currently unoccupied. The supermarket is 5,700 sq. ft. and could easily be expand to enlarge the store or possibly leasing to another business entity that may compliment the store. Both of these parcels could add substantially to the revenues, value and overall profitability. Included in asking price: FF&E of $150,000 and Real Estate of $850,000 and Inventory of $75,000. Support/Training: Owner will assist a new owner for up to 2 weeks to acquaint them with the store operations.

Market Competition and Expansion:

Competition: The demographics indicate this store would probably have just limited competition. Growth and Expansion: The absentee owner has neglected any upgrades to this long-standing supermarket. The Meat and Produce cases could easily be up graded and expanded to accommodate the increasing need for quality perishable departments so desperately needed in the town. This store has a full service deli kitchen that prepares a limited amount of hot or packaged ready-to-eat foods for carryout or can be ate on the premises. The owner has not made the best use of this space.

Reason for Selling:

Absentee Owner-Other business interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: