Double Play! Supermarket & Real Estate Investment

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30 minutes to Florida Gulf Coast Pristine Beaches!
Asking Price:
$2,270,000

Gross Revenue:
$3,570,000
Cash Flow:
$810,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$260,000
not included in asking price

FF&E:
$250,000
included in asking price

Real Estate:
$890,000
included in asking price

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Business Description

Sixty years established operation with strong market differentiators:

• Captive customer base. 80% of the customers are loyal to culture identification
and service instead of being driven by price’s competition.

• Several food & services vertically integrated operations cater mainly to
Mexican & Central American customers, including temporary farms
workers.

• In addition to buying groceries, produce & meat, the customers are delighted
by a real “One stop shopping” experience including:

o Farmers tailored business hours 5AM to 8PM.
o Monday to Friday 5:00AM “Lunch to Go” Nov-May Subscription Plan.
o Free transportation back to home for over $150 purchase.
o Employers' check cashing.
o Money Transfer to their country of origin.
o Nov-May Restaurant.
o Coin Laundry.
o In-house daily made fresh Bakery goods & Tortillas.
o Their origin country Familiar brands & “Meat Cuts”.

• The high profitable butchery represents 50% of the revenue.

• “H-2A visas Temporary Farm Workers” define a Seasonal Revenue Pattern:
o Nov - May: $300-360K/month ($400K Dec Holiday Peak).
o Jun - Oct: $200-240K/month.

About the Business

Location:
Florida
Year Established:
1954
Number of Employees:
12-18
Real Estate:
Owned
Building Sq. Ft.:
20,000
Facilities:
Supermarket space is 13,000 Sq.Ft.
Additional 7,000 Sq.Ft. space includes: Coin Laundry, two additional tenants (Taxi company & Liquor store), and two apartments.

The business is located:

* In a Central Florida countryside city.
* 25-50 miles (30-60 minutes) from the Florida Gulf Coast pristine beaches and Sarasota, Siesta Key, Port Charlotte, Punta Gorda, Fort Myers, Venice, Cape Coral, and Sanibel Island.
* 90 miles (1.5 hour) to Tampa, Saint Petersburg, and Naples.
* 111miles (2 hours) to Orlando.
* 177 miles (3 hours) to Miami.
Market Outlook/
Competition:
No competitor has market diferentiators of this business.
Growth & Expansion:
* The installed equipment allows to substantially increase the production in bakery goods and tortillas. The surrounding area can absorb such production increase.

* The Restaurant can cater to the general population in the five low season months that currently is closed.

*A better structured money transfer operation can increase the cash flow in $100,00 per year
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About the Sale

Reason For Selling:
Attention to Other Investments
Training/Support:
To be determined.

Listing Info

ID:
1665306
Ad Detail Views:
727

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$
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Business Listed by

Volmar Espinosa

Jax Business - Kommersial - Makro Investment

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Sponsoring Broker:

Ricardo Quintero
Jax Business - Kommersial - Makro Investment
License# BK3406724


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