Money-Making Food Store – High Foot Traffic Location
Business Description
ESTABLISHED GROCERY STORE - FORT LAUDERDALE
This well-established neighborhood grocery store represents a compelling investment opportunity in Fort Lauderdale's thriving retail market. Operating continuously for over 10 years, the 2,000 square foot facility has developed a substantial customer base and proven revenue stream.
LOCATION & TRAFFIC ANALYSIS
Strategically positioned on West Oakland Park Boulevard, one of Fort Lauderdale's primary commercial corridors, the store benefits from exceptional visibility and accessibility. Daily traffic counts range from 58,000 to 61,500 vehicles, ensuring consistent customer exposure and sustained foot traffic patterns.
FINANCIAL PERFORMANCE
The business generates annual sales exceeding $500,000, supported by multiple revenue streams including grocery retail, Wine & Beer License operations, and Florida Lottery commission income. These diversified profit centers provide revenue stability and growth potential.
OPERATIONAL ADVANTAGES
• Favorable lease terms: $2,800 monthly rent with 3-year term and renewal options
• Established supplier relationships ensuring reliable inventory management
• Proven operational systems developed over decade-long operation
• Potential for semi-absentee ownership with appropriate management structure
• Wine & Beer License adding premium margin opportunities
• Florida Lottery authorization generating additional commission revenue
MARKET DEMOGRAPHICS
The location serves a robust demographic profile with approximately 14,933 residents within a 1-mile radius (median household income $69,400) and 169,994 residents within 3 miles (median household income $61,402), indicating strong purchasing power and market density.
TRANSITION OPPORTUNITY
Currently family-operated with streamlined processes, the business presents an excellent opportunity for new ownership. The retiring owner's decade-plus operational experience has established efficient systems and customer loyalty, positioning the enterprise for continued success under new management.
This turnkey operation combines proven profitability, strategic location advantages, and operational stability, making it an attractive acquisition for investors seeking an established retail business with demonstrated performance history.
This well-established neighborhood grocery store represents a compelling investment opportunity in Fort Lauderdale's thriving retail market. Operating continuously for over 10 years, the 2,000 square foot facility has developed a substantial customer base and proven revenue stream.
LOCATION & TRAFFIC ANALYSIS
Strategically positioned on West Oakland Park Boulevard, one of Fort Lauderdale's primary commercial corridors, the store benefits from exceptional visibility and accessibility. Daily traffic counts range from 58,000 to 61,500 vehicles, ensuring consistent customer exposure and sustained foot traffic patterns.
FINANCIAL PERFORMANCE
The business generates annual sales exceeding $500,000, supported by multiple revenue streams including grocery retail, Wine & Beer License operations, and Florida Lottery commission income. These diversified profit centers provide revenue stability and growth potential.
OPERATIONAL ADVANTAGES
• Favorable lease terms: $2,800 monthly rent with 3-year term and renewal options
• Established supplier relationships ensuring reliable inventory management
• Proven operational systems developed over decade-long operation
• Potential for semi-absentee ownership with appropriate management structure
• Wine & Beer License adding premium margin opportunities
• Florida Lottery authorization generating additional commission revenue
MARKET DEMOGRAPHICS
The location serves a robust demographic profile with approximately 14,933 residents within a 1-mile radius (median household income $69,400) and 169,994 residents within 3 miles (median household income $61,402), indicating strong purchasing power and market density.
TRANSITION OPPORTUNITY
Currently family-operated with streamlined processes, the business presents an excellent opportunity for new ownership. The retiring owner's decade-plus operational experience has established efficient systems and customer loyalty, positioning the enterprise for continued success under new management.
This turnkey operation combines proven profitability, strategic location advantages, and operational stability, making it an attractive acquisition for investors seeking an established retail business with demonstrated performance history.
About the Business
- Years in Operation
- 12
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,800.00 per month
About the Sale
- Seller Motivation
- New Absentee Business
Listing Info
- ID
- 2490919
- Listing Views
- 7
Listing ID: 2490919 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 of Use. Learn how to avoid scams.
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