15k Sq Ft Grocery Store With 4 Acre Property Included
Business Description
Property is 4 acres
Store makes over 4 mil gross
360K - 420K a month gross
87K a week in sales
$1,000,000 in payroll
Owner and son never there
Store manager gets paid 120K
400K father and son net
$2250 a week for the store manager
They make 140K a year from a sending money machine similar to Western Union
$7-$10 commission per transaction from Mexicans sending money to Mexico
$4,500 rent a month
Just got new compressors and coolers. They spent 220K
150K in inventory
25 employees
2024 - Gross: $4,561,927
Addbacks from 2024 Tax Return:
Compensation of officers: $152,699
Interest: $17,143
Depreciation: $7,768
Amortization: $13,790
Ordinary business income: $384,571
Adjusted net income for 2024: 575,971
2023 - Gross: $3,890,379
Addbacks from 2023 Tax Return:
Compensation of officers: $150,824
Interest: $26,040
Depreciation: $7,770
Amortization: $13,790
Ordinary business income: $305,873
Adjusted net income for 2023: 504,297
2022 - Gross: $3,386,695
Addbacks from 2023 Tax Return:
Compensation of officers: $150,824
Interest: $19,101
Depreciation: $179,560
Amortization: $13,790
Ordinary business income: $337,665
Adjusted net income for 2022: $700,940
Broker of Records Jason Green SFR Realty License #RB20000977
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Store makes over 4 mil gross
360K - 420K a month gross
87K a week in sales
$1,000,000 in payroll
Owner and son never there
Store manager gets paid 120K
400K father and son net
$2250 a week for the store manager
They make 140K a year from a sending money machine similar to Western Union
$7-$10 commission per transaction from Mexicans sending money to Mexico
$4,500 rent a month
Just got new compressors and coolers. They spent 220K
150K in inventory
25 employees
2024 - Gross: $4,561,927
Addbacks from 2024 Tax Return:
Compensation of officers: $152,699
Interest: $17,143
Depreciation: $7,768
Amortization: $13,790
Ordinary business income: $384,571
Adjusted net income for 2024: 575,971
2023 - Gross: $3,890,379
Addbacks from 2023 Tax Return:
Compensation of officers: $150,824
Interest: $26,040
Depreciation: $7,770
Amortization: $13,790
Ordinary business income: $305,873
Adjusted net income for 2023: 504,297
2022 - Gross: $3,386,695
Addbacks from 2023 Tax Return:
Compensation of officers: $150,824
Interest: $19,101
Depreciation: $179,560
Amortization: $13,790
Ordinary business income: $337,665
Adjusted net income for 2022: $700,940
Broker of Records Jason Green SFR Realty License #RB20000977
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other business interests.
Listing Info
- ID
- 2434425
- Listing Views
- 96
 Listing ID: 2434425 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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