Chain of successful medium-sized supermarkets

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Excellent for expanding or to build your brand in a new area!
Asking Price:

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
 Not Disclosed
included in asking price

 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Since 2005 the owner has operated his businesses with an $ 82 M Gross sales in 2017.

In the same year the dividends distributed were $ 4.1 M and this 5% has remained stable. Ideal for an Equity Capital.

There are three alternatives if the Seller finds a good real buyer:
1.-Sell all the Supermarkets and the premises of one of them that he owns, for $ 25,000,000
2.-Make a J-V with a Partner that will invests and will have the "Know How"
3.-Sell and remain as an executive for three years, until fully transferring all the Supermarkets to the new investor.

Seller has all the Audited Financial Statements and the Tax returns up to date and he request to know the origin of the buyer's funds, before selling.

We will not provide any additional information until we have qualified the potential buyer. In addition to signing the NDA, we will need the proof of funds and to verify the identity of the buyer.

About the Business

Year Established:
Real Estate:
Only one location includes real estate property.
Market Outlook/
The prime goal of the company is to keep growing and opening new locations for the new Supermarkets branches.
Growth & Expansion:
The state authorities have been very supportive in continuing creating jobs in the area.
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About the Sale

Reason For Selling:
Owner's children are not interested in inheriting the business.
Sell and remain as an executive for three years, until fully transferring the Supermarkets to the new investor.

Listing Info

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  NDA (271 KB)

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Business Listed by

Volmar Espinosa

Jax Business Group, LLC

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Sponsoring Broker:

Ricardo Quintero
Jax Business Group, LLC
License# 296716

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