Grocery Store With Income Producing Leases!

Houston, TX
Harris County

Southwest


Asking Price: Annual Revenue:
$1,600,000 $1,000,000

Food & Beverage: Grocery & Food Stores


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RE: Grocery Store With Income Producing Leases! Broker: Steven

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $1,000,000
Net Profit: $500,000
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: $1,200,000
Year Established: 1993
Employees: 5
BBN Listing #: 304052683
Broker Reference #: BissGroc

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Business Overview:

Very well established business with 3 tenants included with the property and grocery store, $11,150.00 per month in rental income and an annual gross income of $1,000,000.00 on the grocery store........

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Property Features and Assets:

Located in extremely high traffic area surrounded by apartment complexes and high foot traffic location......

Market Competition and Expansion:

Neighborhood grocery in highly populated location on the front end of a large residential neighborhood.........

Reason for Selling:

Retiring

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.

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