Ideal Grocery Store With Butcher Shop-exploding Growth For Sale
- Revenue : $1,260,000
- Cash Flow : $387,000
This is an AMAZING store that has been set up with GREAT Detail and is JUST IDEAL. It has the right product selections, layout, location, equipment, inventory and SO MUCH MORE!
This is a Mediterranean Market that carries the BEST in TRADITIONAL FOODS and PRODUCTS as well as as many selections of asked for and wanted items. Their MEATS ARE THE BEST HALAL MEAT.
This market has virtually no maintenance costs as they have the best in Equipment and everything is new and under warranty, (Such as the Air Conditioning, Walk-in Cooler and Freezer, P.O.S. System, etc.)
This store has been phenomenal in its growth and there is so much more potential for it! There are more Pakistani and Indian products, cigarette and tobacco sales, as well as other general items people like that can be added as well. (They do accept credit cards as well as food stamps).
The Landlord has approved adding a drive-thru, and there are expansion possibilities too. They have not done much in advertising and while they do have a strong presence on Facebook there is NO WEBSITE! NOTE: There is a $155,000 SBA Loan that can be assumed, leaving only $340,000 to complete the purchase!
This is an amazing opportunity not to be missed. Profits are strong and can have a lot more growth. LOOK THIS OVER – YOU WILL BE GLAD YOU DID!!!!!!
Real Estate: Lease
Location: Great shopping Center-High Traffic- With END CAP Location
This business has a Super location that has approx.2400 sq. ft. It has a Prominent, End Cap corner location in the Shopping Center. The center itself is a popular, busy center that draws a lot of traffic. It is on a MAJOR INTERSECTION with Traffic lights for easy access from all directions. There is plenty of comfortable, CLEAN, and convenient. parking. The rent is $4300 mo. This is Triple net and water is included).
The current lease is good for 5 years and has a 5-year renewal. NOTE -There are expansion possibilities. (See More in Description of the Business.)
Expansion Potential: This store has VERY STRONG GROWTH POTENTIAL just by adding and Cigarettes, Tobacco Products, Gyros, and Kabobs, ALSO, the landlord has approved for a drive-thru to be added on. (For more look in Description of Business)
Competition / Market: There is one other competitor which is approx. 3 miles away. HOWEVER, this store is nicer, newer has much better Meats and other selections that are not available there.
Reasons for selling: Family Decision
Years established: 1
Support & Training: The owner will provide 2 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as-needed basis.
Furniture / Fixtures value: $75,700 – included in the asking price
Inventory / Stock value: $100,000 – included in the asking price
Purchase shares in this supermarket for as low as $500.