Absentee Owned Supermarket With RE
Location:
United States
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Texas
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W. Central Texas
Industry: Food and Beverage > Grocery and Supermarkets
Business Summary
Absentee owned supermarket 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 EBITDA + Officer(s) Salaries follow: $372,370 and $424,665 respectively. Corporate stock is divided equally between its three corporate officers.
Facilities: 18,000 S.F. Total Supermarket; This is an excellent absentee owner opportunity.
Competition: This supermarket has 35 years of positive entrenchment into the area in which it is situated. It is a very well known & respected marketplace.
Please email or call Scot Jones, Broker at 214.495.9200 / 888.808.5071 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 Map of the location. Contact for more information on this Supermarket business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$5,315,818
Cash Flow:
$424,665
Cash Flow Type: EBITDA
Inventory: $881,000
Seller Financing: Yes
About The Business
Year Established: 1972
Number of Employees: 35 - 49
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Seller will train buyer as needed for a smooth transition.
Reason For Selling: Owned 35 years & seeking full retirement.
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: 70057055
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