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Supermarket - Since 1980
Location: United States -> Florida
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

This 60,000 square foot well estqblished neighborhood supermarket located in one of the fastest growing cities in northeast Florida. It has been in this location for over 25 years serving a downtown enter-city, low income area.
This store has a very large meat department and storage that does more than 40% of its total volume in meat sales allowing for a much higher gross profit than a conventional supermarket.

The owners have recently painted, remolded and reset the entire store and completed a compressor up-grade.

This store has an excellent lease and there are four other tenants inside the store that sublease from the store owner including a Pharmacy ... all providing a substantial amount of supplemental income. Contact for more information on this Supermarket business for sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $5,000,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1980
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Management in Place.
Reason For Selling:  Other interest.




Print Listing Id: 70045558
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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 > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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