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BUSINESS FOR SALE - Detail Information

Contact Information
Stu Curtis
Murphy Brokers
24 W 8th St
Panama City, Florida 32401
Office:  850-747-0662
Fax:  877-456-6793
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Grocery Store $ 158 K inside, 63 K gallons w/ Land Listing id: 19826 Active
Florida
Okaloosa County
Price: $1,943,500
Type: Retail - Convenience, Grocery Store

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Business Detail Information Lease Information
Form of Ownership: Leased SqFt:
Year Established: 1985 Rent (Include NNN):
Accounting Info(years): 3 Lease Exp.Date:
Franchise: No Original Lease (# of yrs):
Liquor License: No Lease Left (# of yrs):
Seating Available(#): Lease Option (# of yrs):
Parking Space(#): Lease Renewable: No
Training Available: Lease Transferable: No
Viewing Instruction: Rent Increase:
Hours of Operation: 7 days/week 5am-8:30pm

Price Description Financial Information
Real Estate Included: Yes Seller Cash Out: No
Real Estate Value: $1,137,785 Seller Term Available: Yes
Fixture & Eqmt Included: Yes Financing Amount: $169,000
Fixture & Equipment Value: $38,111 Financing Years(#): 6 yrs
Inventory Included: Yes Annual Interest Rate: 9.25 %
Inventory Value: $105,000 Min. Down Requested: $1,774,500

Annual Income Information Labor Information
Gross Sales: $3,900,000 Full-Time Labor(#): 12
Cash Flow $174,250 Part-Time Labor(#):

Business Description
Grocery and Convenience Store, Signage on Interstate Highway, 25 KW Back-up Generator: Corner Store. 200 front feet. Meat Market, Produce, Deli, and Tobacco. Beer sales up 6.2%. Meat smoked in house for Deli. Food Stamps. Satellite for Lottery and Fuel. Three (3) loads of fuel per week, G-Site, and 2009 compliant. All equipment is almost new. Store packs own Ice. Security system is current and internet active. Drive-up window, Diesel, Take-out, and Fleet Pricing could add to volume. House is 4BR, 2 BA 1,600 SF. SBA Qualified. Profit source - Tax Returns.


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