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Supermarket - Absentee Owned With Real Estate
Location: United States -> Texas -> West Texas -> West Central Texas
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

Absentee owned supermarket for sale in Texas with accompanying real estate is available for acquisition. Since 1972 this supermarket has been extremely successful and a reliable, passive return on investment for its owners. Situated in a Texas city with a stable economy and record level low unemployment for the entire state of Texas (2.7%). EOY 2005 / 2006 / 2007 / 2008 EBITDA + Officer(s) Salaries follow: $372,370 / $424,665 / $319,738 / $364,307 respectively. Corporate stock is divided equally among its three corporate officers. Please contact Scot Jones, Broker, by clicking the below contact seller button for the Financial Statements, Business Summary, Detailed Asset List, City Demographic Data, Pictures of Property & Building (inside/outside), Real Estate City Appraisal Data, Site Map and Satellite Site Map of the location and for a complete list of all our business opportunities and commercial real estate properties.

The Supermarket occupies 18,000 SQ.FT. This is an excellent absentee owner opportunity. This supermarket has 35 years of positive entrenchment into the area in which it is situated. It is a very well known & respected marketplace.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $6,343,749
Cash Flow:   $364,307
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $881,000
Seller Financing:  Yes

About The Business

Year Established:  1972
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  The owner desires a transition that is both smooth and seamless. The owner will train the buyer per contract agreement & until a complete understanding of the company is achieved.
Reason For Selling:  Owned 35 years & seeking full retirement.




Print Listing Id: 700105739
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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