Food Market with recent Beer & Wine License

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Business Description

An International Market with new Beer & Wine License. Well established for 25 years. Although emphasis is on Eastern European Food, it carries an impressive inventory of other everyday foods & products. Fresh meats & produce are trademarks. Very popular. Prime location on bus & trolley lines. Rare parking in the back. The new Beer & Wine License will definitely increase sales and make this market even more popular.

About the Business

Year Established:
1987
Number of Employees:
2 ft 2 pt
Facilities:
Well establised Food Market selling Eastern European food, fresh produce, fresh meats, prepared foods, deli, etc. with recent Beer & Wine License. Full Liquor License available within one year 25 years. Busy bus & trolley corner.
Market Outlook/
Competition:
Very popular market in well heeled neighborhood. Prime location. Parking in rear. Fully equipped commercial kitchen on site. Densely populated.
Growth & Expansion:
A Beer & Wine License was recently approved for the business. Buyer should also apply for lottery. Full Liquor License available within one year.
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About the Sale

Reason For Selling:
Other interests.
Training/Support:
Seller will provide training.

Listing Info

ID:
672065
Ad Detail Views:
4743
Asking Price:
$499,000

Gross Revenue:
$1,190,000
Cash Flow:
$245,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Jenny Ng

Primesite Business Brokers

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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