Long Established Eastern Asian Grocery Store - Lender Pre-Qual.

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Real Estate Available
Asking Price:
$390,000

Gross Revenue:
$1,384,006
Cash Flow:
$167,799
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$180,000
included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
$1,400,000
not included in asking price

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Business Description

Family owned and operated Asian Grocery Store that caters to a wide and diverse cross section of the community. The store features a full line of Asian grocery products, fresh produce, housewares, and much more. Lots of parking, storage, and ample space to off load delivery trucks. Seller will negotiate lease with new Buyer, or the real estate is available for an additional $1,400,000.

Don’t miss out on this outstanding opportunity.

Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.

About the Business

Year Established:
1990
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
9,000
Facilities:
The business occupies 1.5+ acres; has two stand alone buildings that are co-located next to each other; 50+ parking spaces.
Market Outlook/
Competition:
There are other Asian/Oriental Markets in the area.
Growth & Expansion:
Someone with the energy and resources could take this business to a new level. Some areas for consideration to grow the business include; adding a website, advertising, use the assets currently available to their fullest potential, etc.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The Seller will spend up to 30 days of training and conducting a complete and orderly turnover of the business with the new owner following the close of escrow. The Seller will sign a 5-year non-compete agreement directly with the Buyer within a 10-mile radius of the business location.

Listing Info

ID:
1433333
Ad Detail Views:
2199

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$
months
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Business Listed by

Tim Bellon

VR Business Sales of South Tampa
License# BK3268013

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U.S. Census Data for Hillsborough County, FL
Age

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

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

U.S. Community Survey Data for Hillsborough County, 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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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
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