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
Number of Employees:
2 ft 2 pt
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.
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.
Asking Price: $499,000 Gross Revenue: $1,190,000Cash Flow: $245,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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