Beachside Neighborhood Market & Takeout Restaurant

Not Disclosed, FL
Martin County

Asking Price: Annual Revenue:
$225,000 $750,436

Food & Beverage: Convenience Stores

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RE: Beachside Neighborhood Market & Takeout Restaurant Broker: Bob Leone

Quick Facts

Asking Price: $225,000
Annual Revenue: $750,436
Net Profit: Not Disclosed
Cash Flow: $120,842
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 719811185
Broker Reference #: 170-08476

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Business Overview:

22 years of fun and success, this is truly a lifestyle business in the heart of a marina and middle of a huge residential community (1300 lots) that supports and loves their lil’ grocer. Oh, and did I mention it’s across from the beach with little competition for miles. It’s almost like what you would see in the old movies - the “General Store” where everybody knows your name. Come down, buy a cup of coffee, have a seat right outside and chit chat with your neighbors. This grocer is the center spot for all residents of the community. Offering everything from beer & wine to lotto, auto, fishing, & beauty supplies, toys, knickknacks, souvenirs, propane, coffee, breakfast sandwiches, lunch, dinner/pizza, plus a whole lot more. Bigger than a c-store, smaller than a retail grocery store. Cameras everywhere. Undervalued lease, 2,800 square feet +/-, great landlord.

2021 surpassing 2020/2019. Must see for exact revenues and net. Seller keeps very detailed sales records. Owner wants to downsize his responsibilities. He currently works 60-70 hours a week, could do less if he hired additional staff. Seller is staying in the area and will be around if needed after training. The asking price includes approximately $50,000 in inventory. 2 Samsung Cash Registers!

Full confidential business review available after signed NDA is received. After review of the CBR, a confidential Buyer resume/bio and personal financial statement will be required in order to meet the seller.

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Property Features and Assets:

Inventory: $50,000 (Included in the asking price). Lease/Month: $1,200. Square Footage: 2,800. Building Type: Stand alone Bldg. Terms & Options: 1-5 year. Expiration Date: 12/31/2022. Leasehold: $25,000.

Reason for Selling:

Downsizing responsibilities.

Additional Details:

  • The property is leased.
  • The owner is not 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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