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Quality-focused Grocery Store With ‘hot Goods’! (37920) For Sale

Polk County, Florida, US
Asking Price:
$995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,651,000
Cash Flow:
$265,000

Highly reputable within Polk County of Florida, the company is a specialty market offering fresh-cut meat, fruit/vegetable produce, unique cooked food, plus a niche line of groceries to Local Communities (90%) and Small Businesses (10%). Preferably sold alongside the business, the commercial building is a pairing of two buildings that measure approximately 7,930 square feet, and include retailing spaces, office rooms, and warehousing areas. With recent updates such as new roofing last year, an upcoming parking lot makeover, and ongoing refrigeration maintenance and updates, the property is found in excellent condition, generating recurring income from rented space as well! Staying above $2 Million in sales, 2022 had Total Revenues up to $2,651,000 alongside Discretionary Earnings of $265,000! Experienced team of fifteen nonunion employees are most likely to remain post-purchase and continue their owner-involved operations after a smooth owner transitioning of twelve months. Thanks to high ratings, decades of positive reputations and a flexibility for modern optimizations, opportunities exist in taking business to the next level through consistent advertising, online curbside options as well as strategic partnerships to increase their presence. Besides a maintained website and engagements on social media, marketing efforts rely on verbal referrals backed by their large and recurring customer base, who comment on the store’s wide appeal and servicing. Able to gain notoriety by expanding their ‘Hot Foods’ program, the store allows 10% off select items to law enforcement, fire rescue, military crew and senior citizens, accepting cards & EBT as forms of payment. Based on independent evaluation!

Property Information

Real Estate:

Lease

Location:

Property can be purchased for an for additional $1,000,000.

Size in square feet:
7,930+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Saturday 8AM - 6:30PM.

Employees:
15 nonunion.
Years established:
1974

Other Information

Support & training:

Involved operations during a smooth Owner Transition of 12 months.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$300,000 - included in the asking price
Inventory / Stock value:
$35,549 - included in the asking price

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