Supermarket In Central Florida For Sale

Business description

GENERAL INFORMATION

This free standing, 11,000 square foot full service neighborhood supermarket, is located in the heart of a fast growing community that is in the process of revitalizing the surrounding area. It has a large parking area and it also includes one tenant that leases an additional 1000sqft from the owner. The property can be purchased with the sale of the business with some owner financing.

This store has been in this location for over 25 years and it includes a large self service meat department, a fresh refrigerated and dry produce department, along with a full line of dairy and frozen foods. The equipment and fixtures are in very good condition.

The Meat and produce departments produce 52% of the total store sales allowing for a much higher gross profit than a conventional supermarket. There is 32ft. of Service Meat cases and 40ft. of self-serve multi deck meat cases. The Produce has 32ft. of refrigerated cases with 20ft. of two-sided dry produce racks. They also do very well in check cashing, Lottery, Western Union and Money Orders that are not reflected in the store sales.

This store needs to add a delicatessen with hot and cold, ready-to-eat foods that will substantially ad to the overall store sales and gross profit.

The store has 7 part time and 7 full time employees with management in place. The store hours are Mon – Sat 7:00AM to 8:00PM, Sun – 7:00AM to 5:00PM.

The sales generated by this Market shows some minor seasonality with a slight increase in activity during the winter months. This market has a mostly low income Caucasian, African American and Hispanic clientele and sales volume is usually stronger at the first of each month

Financial information provided upon receipt of NDA

Property information

Real Estate:

Lease