Latino Supermarket And Taqueria In Nashville For Sale

Business description

Full service Latino supermarket in Metro Nashville. Includes Taqueria, full-service cut meat counter, deli, produce and full-line grocery and sundries. Build-out is first rate and most equipment is less than 3 years old. Located on high traffic street.

Property information

Real Estate:

Lease

Lease terms:

Owner owns building and new lease can be negotiated for favorable terms.

Leasehold rent:

$60,000 per annum

Leasehold rent:

$10 per sq ft per annum

Location:

Prime high traffic street location, close to major interstates. Ample parking.

Premises details:

6000 sq. ft full service supermarket which includes 20 walk-in beverage coolers, 2 walk-in produce & meat coolers, 1 walk-in freezer, meat cases, produce cases, deli cases and refrigerated dairy cases. Most equipment is less than 3 years old and some equipment still under manufacturer's warranty. Eat-in taqueria has full service kitchen with capacity to add additional food service offerings, and/or bakery items.

Size in square feet:

6,000

Business Operation

Expansion potential:

Owner/operator being on premises will add to revenue as current owner is primarily absentee. Could add bakery for additional revenue. Check cashing/wire transfer is opportunity for additional revenue. Meat department could be leased if new owner desires.

Competition / Market:

Normal local competition

Reasons for selling:

Owner owns other businesses and wants to devote more time to those as well as to family

Trading hours:

7 days

Employees:

2 full time plus part time

Years established:

2005

Other information

Support & training:

Owner will fully support and train new owners

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner will consider

Furniture / Fixtures value:

$170,000 (included in the asking price)

Inventory / Stock value:

$80,000 (included in the asking price)