Supermarket Located in High Traffic Landmark Area

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Great opportunity.
Asking Price:
$320,000

Gross Revenue:
$630,000
Cash Flow:
$160,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$35,000
not included in asking price

FF&E:
$10,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This Supermarket located in a Historic 7k sqft Fells Point Landmark with Tremendous Upside is the heart beat of a busy four-way intersection, heavily populated by a very diverse and consistent influx of patrons who find all of there needs from coffee, deli, pizza, daily essentials and necessities, all under one roof. Upside is an Understatement when it comes to this opportunity as it is the largest store in Fells Point that literally maintains a consistent population based on locally funded facilities. Furthermore your patrons have already developed a pattern that begins at 7am that ensures a guaranteed proven minimum in house by roughly 2pm. If you have ever fathomed opening a Convenient Store or Supermarket in Baltimore City this would be Ideal and definitely a business you can pass down to your family as the neighborhood continuously grows in a positive direction balancing between regentrification and historic character all inhabited by the most concentrated, diverse population in the city.
Let's not forget about the Upside, from Casino Gaming machines in a private section, to ATM and Lottery Commissions you see a minimum of 15,000 Monthly.

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About the Sale

Reason For Selling:
moving
Training/Support:
2 weeks

Listing Info

ID:
1554534
Ad Detail Views:
267

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$
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Business Listed by

Derrell Gilchrist

Transworld Business Advisors of Baltimore

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Sponsoring Broker:

Andrey Gustov
Transworld Business Advisors of Baltimore

U.S. Census Data for Anne Arundel, Baltimore and Baltimore city Counties, MD
Age

Gender

Ethnicity

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 Anne Arundel, Baltimore and Baltimore city Counties, MD
Income

Education

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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