Produce store for sale

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$10,000
Included in asking price
FF&E$70,000
Included in asking price
listing imageSave

Produce store for sale


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$10,000
Included in asking price
FF&E$70,000
Included in asking price
Business Description
This is a produce store situated in a prime location with high foot traffic. It generates an annual revenue of $2 million; while the operating hours are relatively short and the profit margins are substantial, the current owner employs a large staff, resulting in significant labor costs. The owner is selling the business in preparation for retirement. If operated as a family business, the potential earnings would be significantly higher, and the asking price is exceptionally low. It is located in a highly desirable area, and the price has been set at an extraordinarily affordable rate. The monthly rent is $14,000; however, since this figure includes electricity, gas, and water, the rental cost is by no means excessive. Provided the buyer meets all necessary qualifications, a new lease—consisting of a 5-year term with a 5-year renewal option—will be granted. This is truly an excellent business opportunity.
About the Business
Employees
8 (5 Full-time, 3 Part-time)
Real Estate
Owned or Leased
Leased
Rent
$14,000.00 per month
Listing Info
ID
2505281
Listing Views
15

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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2505281 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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