Seller's Contact Information

  • RE:  Reduced - Neighborhood Market For Sale
  • Contact:  Zena Bardawell
Owner Financing is Available!
Owner will finance $50,000

Quick Facts

Asking Price: $155,000
Annual Revenue: $76,000
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: 25,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 4
BBN Listing #: 935452883
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Great income with potential to earn more if new owner prefers to stay on and manage the business on a daily basis as opposed to having an outside manager and income can increase substantially. Business currently has beer, wine and tobacco license, Lotto, Western Union, Money Orders, Pay Payments (FPL, water, cell phone, cable TV), phone cards, Income can increase when you add check cashing, EBT and advertising . Business also has deli section. Market currently netting approx $12,000 a month.

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Property Features and Assets:

Business is located on a busy street in an urban neighborhood of Overtown in Miami and is on a corner and is considered the neighborhood market within walking distance to most of the residences and businesses in the area. Sale includes equipment, inventory, license, trade name, Other equipment included are 16 security cameras, several walk in coolers, a deli counter with a slicer. There is a deli section which can be expanded. The total square footage is 2,835 which includes the upstairs storage. The store space is 1,800 sq. ft.

Market Competition and Expansion:

This is a neighborhood market with mostly pedestrian activity; there are a few other similar small markets in the area however there are no large chain supermarkets. The customers are established and the market has been there for 27 years.

Reason for Selling:

Retiring

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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