$425 000 Phenomenal Supermarket-30398 - $425 (New Egypt)

Posted on: 12/08/17

Description

$425

Phenomenal Supermarket 7,000 sq.ft. Stand Alone Business Description: Phenomenal Supermarket - 7,000 sf. This is a perfect opportunity for anyone is the supermarket industry looking for their own place or a current owner seeking an additional location. This is turn-key and newly renovated. The current owner spent tremendous time, effort and money to update this location. They have all new refrigeration, lighting and equipment. They offer a full grocery and produce selection as well as a meat dept., deli dept. and recently delivery service. They have the inventory support of one of the largest supermarket distributors in the country. You must see it to appreciate it. The owner must sell due to recent health condition. The store is stand-alone with a parking lot for at least 17 cars. They are surrounded by 4 schools and many apartment complexes. The 7,000 sq. ft. includes a 5,000 sq. ft. sales floor and 2,000 st,. ft of storage. There is no basement. Sales are expected to hit $540,000.00 (and growing daily) with a cash flow of approx. $108,000.00. This store has the potential to gross $50K/wk. That is possible with an owner/operator. THERE ARE 13 YEARS LEFT ON THE LEASE WITH A RENT OF $6,500/MTH AND ONLY 2% ANNUAL INCREASES. The store needs an owner/operator with supermarket experience. We are seeking a serious and financially qualified buyer with at least $425K in liquid funds to cover the asking price, plus $112K in inventory. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. Asking Price: $425,000.00 Gross Revenue: $540,000.00 Owner's Cash Flow: $108,000.00 Down Payment: $425,000.00 For more information, contact Vested Business Brokers at 1(877) 7355224. We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you. Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

Ad Number: 21015040