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Egyptian Grocery & Deli In Houston For Sale

Houston, Texas, US
Asking Price:
$300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$420,000
Cash Flow:
$121,000

This is a leading Egyptian & Middle Eastern grocery store & Deli providing a diverse range of quality fresh food, grocery goods, and household products at affordable prices. Product lines include:fruits & vegetables, cheese, dairy & eggs, beverages, snacks, meat & poultry, beauty & personal care products, household & cleaning products, and hookah supplies. The deli & deli products account for approximately 60% of total sales. This store is located near a large Egyptian-Christian church which ensures a large volume of weekend business. Customers come from all over the Houston Metro area to obtain the unique Middle Eastern products not available in other stores. The owner is willing to train a new owner.

Property Information

Real Estate:

Lease

Lease Terms:

5 year lease

Leasehold Rent:

$46,800 per annum

Location:

Northwest Houston Area

Premises Details:

2,000 sq. ft.

Size in square feet:
2,000

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Semi-Retirement

Trading hours:

10 AM to 8 PM Monday to Saturday & 10 AM to 6 PM Sunday

Employees:
2
Years established:
2000

Other Information

Support & training:

As needed

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$80,000 - included in the asking price