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.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Grocery and Supermarkets business for sale.
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Print Listing Id: 70045558
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