A long-established meat and seafood grocery store
that has been in the business and in the same location for over fifty years. In addition to meat and seafood retail, the business sells limited vegetables and fruit items as well as non-perishable canned foods.
The current owner expanded the business offering fried chicken.
- Asking Price:
- $550,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,700,000
- Cash Flow:
- $208,280
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date
August 28, 2031, 12:00:00 AM
Terms Options
5 years and five years
- Leasehold Rent:
-
$6,200 per annum
- Location:
-
Leased-free standing
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other interests
- Trading hours:
-
M-Sat 8 am-7:30 pm Sun8 am-5 pm
- Employees:
- 9FT
- Years established:
- 1975
Other Information
- Support & training:
-
Weeks: 1 Cost: $0
- Financing available:
-
Owner Financing Amount $200,000
Interest 5%
Months 60
Monthly Payment $3,774.25
- Furniture / Fixtures value:
- $190,000 - included in the asking price
- Inventory / Stock value:
- $130,000 - included in the asking price
