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BUSINESS FOR SALE - Detail Information
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| Contact Information |
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Stu Curtis
Murphy Brokers
24 W 8th St
Panama City, Florida 32401
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| 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 |
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Active |
Florida Okaloosa County
| Price: $1,943,500
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| Type: Retail - Convenience, Grocery Store
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| Business Detail Information
| Lease Information
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| Form of Ownership:
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| Leased SqFt:
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| Year Established:
| 1985
| Rent (Include NNN):
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| Accounting Info(years):
| 3
| Lease Exp.Date:
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| Franchise:
| No
| Original Lease (# of yrs):
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| Liquor License:
| No
| Lease Left (# of yrs):
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| Seating Available(#):
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| Lease Option (# of yrs):
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| Parking Space(#):
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| Lease Renewable:
| No
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| Training Available:
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| Lease Transferable:
| No
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| Viewing Instruction:
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| Rent Increase:
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| Hours of Operation:
| 7 days/week 5am-8:30pm
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| Price Description
| Financial Information
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| Real Estate Included:
| Yes
| Seller Cash Out:
| No
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| Real Estate Value:
| $1,137,785
| Seller Term Available:
| Yes
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| Fixture & Eqmt Included:
| Yes
| Financing Amount:
| $169,000
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| Fixture & Equipment Value:
| $38,111
| Financing Years(#):
| 6 yrs
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| Inventory Included:
| Yes
| Annual Interest Rate:
| 9.25 %
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| Inventory Value:
| $105,000
| Min. Down Requested:
| $1,774,500
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| Annual Income Information
| Labor Information |
| Gross Sales:
| $3,900,000
| Full-Time Labor(#):
| 12
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| Cash Flow
| $174,250
| Part-Time Labor(#):
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| 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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