Business For Sale

Highly Profitable Supermarket - Attractive Lease

Jacksonville, FL
Duval County


Asking Price: Annual Revenue:
$685,000 $1,770,650

Food & Beverage: Grocery & Food Stores


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RE: Highly Profitable Supermarket - Attractive Lease Broker: Anthony Rigney

Quick Facts

Asking Price: $685,000
Annual Revenue: $1,770,650
Net Profit: $297,989
Cash Flow: $297,989
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $150,000
Year Established: 1991
Employees: 5
BBN Listing #: 973030362
Broker Reference #: 75617005

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Business Overview:

Highly Profitable Supermarket with long term attractive lease

Established grocery store and meat shop with local clientele and a community presence for over 26 years. Well known for its meat selection and friendly customer service. 4,700 sq ft building on busy corner lot with attractive lease available (10 year term plus 1 5 year option). Highly profitable store with lots of upside. Closed on Sunday and evenings - longer hours would present great opportunity for new active owner to grow business. $30,000 of inventory included in price at wholesale cost.

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Property Features and Assets:

4,700 Square Foot building located on busy corner. Ten year lease available with one additional 5 year option.

Market Competition and Expansion:

Growing local population and currently limited opening hours offer a great opportunity for a new owner to increase sales.

Reason for Selling:

Retirement

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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