Profitable Downtown El Paso Grocery | $1.25M Sales | Semi-Absentee

Asking Price$200,000

Cash Flow

EBITDA$138,245

Gross Revenue$1,247,311

Inventory$40,000
Not included in asking price
FF&E$100,000
Included in asking price
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Profitable Downtown El Paso Grocery | $1.25M Sales | Semi-Absentee


Asking Price$200,000

Cash Flow

EBITDA$138,245

Gross Revenue$1,247,311

Inventory$40,000
Not included in asking price
FF&E$100,000
Included in asking price
Business Description
A well-established downtown El Paso neighborhood grocery and convenience market with a loyal, long-standing customer base, generating $1.25 million in annual sales and $157,000 in owner cash flow, all on filed corporate tax returns.

The current owner runs it on about seven hours a week; a trained staff handles daily operations. With a relocation out of state now planned, the business is offered at $200,000 plus inventory, a price that sits well below where comparable grocery and convenience stores trade and leaves a new owner immediate equity from day one.

WHAT YOU ARE BUYING
• Verified earnings: three years of filed Form 1120-S returns, six-figure net income two years running. Lender-ready.
• Diversified revenue: grocery and Asian specialty foods, beer and wine, tobacco, fresh sushi and sandwiches, Texas Lottery, ATM and Western Union. EBT, WIC and all major cards accepted.
• Real estate security: 6,100 sq ft on a long-term lease through 2033 with a further 10-year option, about $6,000 per month and no NNN, plus a private parking lot in a district where parking is scarce.
• No fuel, no tanks, no environmental exposure.
• Recent capital improvements: new A/C, LED lighting, walk-in cooler doors and a sushi program.

UPSIDE
The store has been run deliberately lean. Extended hours, delivery apps, an expanded hot-food program and basic marketing (none today) are straightforward levers on a $1.25M base. 2024 sales were $1.34 million.

TERMS
$200,000 for the business, fixtures, equipment, goodwill and lease assignment, free of debt. Inventory at cost, counted at closing. Owner training and non-compete included. SBA financing available to qualified buyers.

The complete financial package, tax return summaries and a private store tour are available after NDA and proof of funds. Presented by Covenant Business Brokers.
About the Business
Years in Operation
92
Employees
4 (2 Full-time, 2 Part-time)
Website
Show Website URL
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,100
Rent
$6,000 per month
Lease Expiration
1/1/2033
About the Sale
Seller Motivation
Owner relocating to California.
Listing Info
ID
2557785
Listing Views
21

Listing ID: 2557785 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.