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BUSINESS FOR SALE - Detail Information
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| Contact Information |
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Ronald Lewis
Florida Capital Business Brokers
4889 Brigitta Dr
Sarasota, Florida 34241
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| Office: | 941-924-2378 |
| Office: | 941-350-1251 |
| Fax: | 941-923-9672 |
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| Florida West Coast 8ksqft Supermarket |
Listing id: 20093 |
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Active |
| Florida
| Price: $2,410,000
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| Type: Retail - Convenience, Grocery Store
| Reference #: dmb
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| Business Detail Information
| Lease Information
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| Form of Ownership:
| L.L.C.
| Leased SqFt:
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| Year Established:
| 1971
| 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:
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| Training Available:
| Yes
| Lease Transferable:
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| Viewing Instruction:
| Please do not talk to employees
| Rent Increase:
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| Hours of Operation:
| Mon-Sat 8am-8pm, Sun 8am-5pm
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| Price Description
| Financial Information
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| Real Estate Included:
| Yes
| Seller Cash Out:
| Yes
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| Real Estate Value:
| $1,300,000
| Seller Term Available:
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| Fixture & Eqmt Included:
| Yes
| Financing Amount:
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| Fixture & Equipment Value:
| $1,000,000
| Financing Years(#):
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| Inventory Included:
| Yes
| Annual Interest Rate:
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| Inventory Value:
| $110,000
| Min. Down Requested:
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| Annual Income Information
| Labor Information |
| Gross Sales:
| $3,100,000
| Full-Time Labor(#):
| 19
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| Cash Flow
| $250,000
| Part-Time Labor(#):
| 2
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| Business Description |
| This well established 8k sqft neighborhood market is located in a suburban like area of a major communtiy serving a primarily African-American, Hispanic trade. It is one block from a major highway with easy access and sits on almost 2 acres with more than ample parking with room to expand or lease to another business. This store has an excellent reputation for its meats and has limited competition. This store could substantially increase sales and profit by targeting the Hispanic market which the present owner has neglected to do. This is an excellent opportunity for a experienced grocery owner/operator.
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