Listing ID: 67704

Business Overview

This long-standing neighborhood supermarket has served the community for over 30 years, building a strong and loyal customer base. The current owner purchased the business just one year ago, initially operating it as a discount store before converting it back to a full-service supermarket—successfully increasing revenue and restoring its traditional appeal.

Overview

Store Size: ~2,500 sq ft 

Includes Full Basement

Lease Terms: Current lease 3 + 5 years

Annual Rent Increase: 3%

Financials

Weekly Sales: ~$35,000

Payroll: $6,000 weekly (~$24,000/month) for 6–7 employees, including a butcher (works 5 days/week, 4 hours/day)

Rent: $9,500/month

Gross Margin: ~35–50%

Owner Take-Home: $10,000–$20,000/month (fluctuates)

Inventory on Hand ~ $350,000

Business Highlights

25 years established at the same location with a strong, loyal customer base

Sells all standard grocery departments with a focus on cold-cut halal meats

Newly obtained beer license, OTC & EBT approved, and WIC application submitted

Butcher services 5 days a week for 4 hours a day

Significant growth potential by expanding prepared foods, adding more produce, and leveraging the new beer license

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $500,000
  • Cash Flow: $180,000
  • Gross Revenue: $1,800,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.