Grocery Store with Full Kitchen Sarasota!!

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Busy Residential Location!!
Asking Price:
$89,000

Gross Revenue:
$641,400
Cash Flow:
$112,140
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$45,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a convenience/grocery store (no gas) with a full kitchen and deli in Sarasota. The store has a hood, grill, fryer, stove, prep tables, Espresso machine, food warmers, tables, chairs, ice machine, and many other items included in the sale. The store is located in a nice residential area off Lockwood Ridge Rd. The sales average $45,000 - $50,000 per month not counting Lottery sales. The customers love the newly remodeled beer cave. Sales can increase if you add EBT, check cashing, bill pay, and Western Union. Perfect business for a husband/wife operation. Recently added high profit gaming machines and earns $2,500 per month from them. Please call Mark Laurie at 407-491-6065 for more information or to schedule a showing.

About the Business

Year Established:
2010
Number of Employees:
2
Facilities:
Still 9 years left on the lease. Total rent including property tax, building insurance, and sales tax is only $3,500 per month. All deli equipment included!
Market Outlook/
Competition:
Hours of operation are 7:00 am - 10:00 pm but you have the option to stay open later if you want.
Growth & Expansion:
Add EBT, check cashing, bill pay, and Western Union. The gaming machines provide a nice profit. There is a large area in back of the store that you can utilize for U-Haul or truck parking.
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About the Sale

Reason For Selling:
Seller has other stores in Venice.
Training/Support:
The seller will train you for at least a week or more if needed.

Listing Info

ID:
1463247
Ad Detail Views:
978

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Business Listed by

Mark Laurie

Property Business Brokers
License# 3085701

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U.S. Census Data for Manatee and Sarasota Counties, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Manatee and Sarasota Counties, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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