Supermarket. Amazing Financing.High Foot Traffic.LOW RENT.20 Yr Lease.

Asking Price$1,950,000

Cash Flow
Not Disclosed

EBITDA$708,892

Gross Revenue$7,280,000

Inventory$400,000
Not included in asking price
FF&ENot Disclosed

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Supermarket. Amazing Financing.High Foot Traffic.LOW RENT.20 Yr Lease.


Asking Price$1,950,000

Cash Flow
Not Disclosed

EBITDA$708,892

Gross Revenue$7,280,000

Inventory$400,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Located in a super dense residential neighborhood in the main shopping area.24/7 Foot Traffic.
Equipment has been refurbished or replaced.
4 Checkouts with new POS.
Store is clean and well stocked.
Great sales upside with well priced, quality produce selection.
All major federal food program payment cards accepted.
NO CONVENIENCE STORE PRODUCTS SOLD, such as cigarettes, BEER, lottery etc.
Average ticket $25.60.
VENDOR NOTE FINANCING up to $1,000.000.00 To Qualified Buyer.
Sign & send the attached NDA for more information.
About the Business
Years in Operation
11
Employees
30
Facilities & Assets
Located in a 10,000SF space with FULL BASEMENT.
Great frontage that can be used to display produce specials.
All equipment is in good working order.
Lease will be extended to 20 years with a qualified buyer.
Rent is $15,834/Month with 3% annual increases.
Real Estate Taxes are $6,093/Month payable every 6 months.
Market Outlook / Competition
Store is clean and well merchandised.
Store distributor is offering financing to a qualified buyer.
Opportunities for Growth
Current pricing is competitive but can generate increased sales with more aggressive advertising and social media initiatives.
Produce, meat & fish sales can be increased substantially with more aggressive pricing and larger selection.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
10,000
Rent
$15,834.00 per month
Lease Expiration
12/31/2045
About the Sale
Seller Motivation
Relocating
Transition Support
Owner will transition the store.
Financing Options
Vendor Financing up to $1,000,000.00 to qualified buyer.
Listing Info
ID
2222547
Listing Views
4364
Attached DocumentsAttachment Disclaimer

Confidentiality_Agreement_BL_SF.docx


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Business Listed by: Brian Elkin Elkin & Lee Realty & Business Advisors

Listing ID: 2222547 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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