Supermarket

Supermarket

Available

$980,000.00

Listing Number :

 3907

Status :

Expired

Price :

$980000

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Area

40000

Description

This corner Market is a great mini version of a chain grocery store like Grocery Outlet. Big walking cooler and lots of storage space in the back of the store located in a corner of newer strip mall with lots of new residential communities still growing. Key employees have been there for 20 years. Established in1958. This is a 40,000 sq.ft. Store Supermarket has been under the same ownership since 1990. It serves primarily walk-in neighborhood. Seller is claiming the Supermarket Gross is about $2,300,000 a year. By adding hot foods (in demand-permits in place), Rotisserie, Beer & Wine ( Cooler space already available). a Bakery, Money Gram, Western Union. Tremendous possibility to expand this business. Seller is ready to be retired. # 3907

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 1990
Business Type: Supermarket
License(s) Required: Business, Heath
Hours of Operation: 8 am-9pm /7 days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp:  No
Office Listing Number: 3907
Date Available: 1/13/2020
Reason For Sale: Retirement
Annual Total Revenue: 2300000
Annual Net Income:
Inventory:
Monthly Payroll: 18000
Lease Information
Base Rent:
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 980000
Owner Will Carry:
Other Finance Terms:

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