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Supermarket: Absentee Owned W/ Real Estate
Location: United States -> Texas -> 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. Please contact Scot Jones, Broker Ph: 214.495.9200 or toll-free 1.888.808.5071 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 Site Map of the location.

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.

Contact for more information on this Supermarket 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 provide training to ensure a seamless transition.
Reason For Selling:  Owned 35 years & seeking full retirement.




Print Listing Id: 70069864
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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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