Active Grocery & Produce Store

Not Disclosed, FL
Lake County

East Lake County

Asking Price: Annual Revenue:
$319,000 $1,569,300

Food & Beverage: Grocery & Food Stores

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RE: Active Grocery & Produce Store Broker: Bradley Carpenter
Owner Financing is Available!

Quick Facts

Asking Price: $319,000
Annual Revenue: $1,569,300
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $144,950
Real Estate: Not Disclosed
Year Established: 2005
Employees: 4
BBN Listing #: 606945422
Broker Reference #: 409-02250

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Business Overview:

Unique opportunity to purchase a 6,000 Square Feet home town grocer that offers local patrons quality and affordable produce, large beer & wine selection, active deli, frozen and fresh seafood/vegetables and a variety of bulk goods including popular Amish items. This store has averaged over $2MM of annual sales prior to Covid. Owners are dealing with personal issues and have put this 15 year old Store up for sale that they have owned for less then 2 years. Listing is priced for quick sale on an Asset Basis. Store is located in popular 100,000 Square feet anchored Plaza with direct frontage on major highway corridor. Little to no advertising is extended by current owners and majority of produce is purchased from wholesalers versus directly from the growers at Plant City regional market. Store is turn-key and has been recently improved with security cameras and active POS system. Great investment in growing Central Florida market. Seller financing negotiable. Confidential review available.

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Property Features and Assets:

Consist of a 6,000 Square Feet Store within a regional anchored retail center. Store is turn-key including essential equipment. Floor previously remodeled with wood tile. All coolers are well serviced with ample shelving for inventory.

Market Competition and Expansion:

Enjoys a long history and Client base. While some national tenants have located nearby given area growth, Store is know for quality and affordable goods. Due to interim reduction of hourly workforce, owners have been too busy to engage in proper advertising for Store . Improved margins could be gained from purchasing produce directly from Plant City regional market versus local wholesalers that is predominant practice of current Store owners.

Reason for Selling:

Personal Issues.

Additional Details:

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

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