Supermarket with a restaurant and gaming facilities in a prime location, operated by an absentee seller. This business offers a wide range of products, including a butcher shop, restaurant, liquor, and seven (7) slot machines. Recently renovated with over $750,000 invested in furniture, fixtures, equipment (FF&E), and leasehold improvements. According to the absentee seller, the business is ideal for a family willing to take over
management, with the seller offering significant financing and extended training to ensure a smooth transition. Inventory, valued at $250,000, is not included in the sale price. The seller will qualify all buyers and provide comprehensive POS reports, along with detailed information on payroll, rent, utilities, cost of goods sold (COGS), and gaming revenue to aid in the due diligence process.
- Asking Price:
- $595,000 Furniture / Fixtures included
- Sales Revenue:
- $2,350,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$10,653 per annum
- Premises Details:
-
This is a leased location of 8,700 square feet with a Total monthly rent of $10,653. Lease ends 04/2041 with Two (2), Ten (10) year options. Seller is inactive with 7 FT and 4 PT employees. Hours of operation are 7 am - 10 pm, 7 days a week. $500,000 in FF&E included in the asking price. $250,000 made in leasehold improvements. Other Assets include $50,000 signs & cameras. Business, Health, Liquor, Tobacco and Gaming licenses required.
- Size in square feet:
- 8,700
Business Operation
- Reasons for selling:
-
Other business interests
- Trading hours:
-
7 am - 10 pm 7 days a week
- Employees:
- 11
- Years established:
- 2
Other Information
- Support & training:
-
Three (3) weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
48 months at 6%
- Furniture / Fixtures value:
- $500,000 - included in the asking price
- Inventory / Stock value:
- $250,000
