Listing ID: 70981

Business Overview

High-traffic area with strong walk-in customer base

•⁠ ⁠Established neighborhood staple for 50+ years

•⁠ ⁠Street parking available

Financial Overview

•⁠ ⁠Asking Price: $949,000

•⁠ ⁠Gross Revenue: Over $2,200,000 annually

•⁠ ⁠Cash Flow (SDE): $420,000

Lease & Occupancy

•⁠ ⁠Monthly Rent: $5,700

•⁠ ⁠Annual Increase: 2%

•⁠ ⁠Lease Term Remaining: 13 years

•⁠ ⁠Approx. Size: 2,400 sq ft + full basement

Additional Income Opportunity:

•⁠ ⁠Option to rent half of basement for $1,000+ per month

•⁠ ⁠Helps offset occupancy cost

Operations

•⁠ ⁠Hours: 6:00 AM – 9:00 PM, 7 days a week

•⁠ ⁠Absentee-run operation

•⁠ ⁠Fully operational POS system in place

Staff

•⁠ ⁠Total Employees: 11

•⁠ ⁠Includes experienced manager in place (10+ years)

•⁠ ⁠All staff willing to stay post-sale

•⁠ ⁠Weekly Payroll: $7,700

Business Features

•⁠ ⁠Full-service supermarket including:

* Fresh produce

* Meats & dairy

* Dry goods

* Hot buffet-style food (daily)

•⁠ ⁠Additional revenue streams:

* Beer sales

* Cigarettes

•⁠ ⁠Upside Potential:

* Add lottery to increase foot traffic and revenue

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.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

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

Financial

  • Asking Price: $949,000
  • Cash Flow: $420,000
  • Gross Revenue: $2,200,000
  • 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:N/A
  • Lot Size:N/A
  • Total Number of Employees:11
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.