Supermarket Paradise For Sale

Business description

Supermarket For 29 years, Well Established Very Busy Mid-Size Supermarket in a Great Location next to schools/excellent residential neighborhood. A Money Maker! Plenty of Parking, excellent long term lease. 5 Years remaining with a 5 option. New owner gets 10 years with 5 option. Full-Service market approximately 6500 Sq ft devoted to retail with Meat Dept, Deli, Fresh Produce and Grocery. Very well operated business that has prospered through many years with long term employees also with Strong track record of customer base. There is ample usable room for further expansion. Guaranteed future growth! Open 7 days 8-8 (Sundays 8-7) Books are Open to Pre-Approved SERIOUS buyers ONLY. Year 2006 gross income of $3,052,000 was reported to the IRS. All numbers are real and honest. Owner is available only on appointments after business hours. Sorry No DRIVE-BY’S. Listing broker will be more than happy to meet with the Serious Buyers and to show the location. Due Diligence will be only after signed contract. Seller wants to be out by January. Seller wants all CASH. Financing available, Price $650K with $550K down OR own for $599K CASH

Property information

Real Estate:

Lease

Other information

Expansion potential:

Tremendous growth! Deli is too busy!

Support & training:

Yes

Reasons for selling:

Too much traveling for owner

Financing available:

$650,000 with $550,000 down and $100,000 Note

Furniture / Fixtures value:

$170,000

Inventory / Stock value:

$100,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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