Hot Listing
Very Profitable Meat Market & Grocery-Great Cash Flow, Long Lease
Business Description
Unique Opportunity. Profitable and huge growing potential. Long Lease
This is an excellent and rare opportunity to take over a mature, fully equipped supermarket that carries fresh meat, produce, groceries, dairy, frozen food, etc. It has a complete butcher area. Located in a busy, dynamic neighborhood, the growing Latino community provides additional opportunities to a new owner.
This highly profitable market with excellent cash flow results from fifteen years of continued loyal support from the community for providing fresh and quality products at affordable rates and very low rent and overhead costs. Buyers will discover that this business has well-maintained financial records and tax returns for the buyer’s due diligence and to obtain a bank loan.
The excellent bottom line is without sales of Deli, Beer and Wine, Cigarettes and Tobacco, Lottery, Money transfers, cash checks and pay bills services, or any other service that is not currently offered/provided but could be.
Easy hours: Monday- Sunday from 8 AM to 7 PM.
This highly profitable market with excellent cash flow results from fifteen years of continued loyal support from the community for providing fresh and quality products at affordable rates and very low rent and overhead costs. Buyers will discover that this business has well-maintained financial records and tax returns for the buyer’s due diligence and to obtain a bank loan.
The excellent bottom line is without sales of Deli, Beer and Wine, Cigarettes and Tobacco, Lottery, Money transfers, cash checks and pay bills services, or any other service that is not currently offered/provided but could be.
Easy hours: Monday- Sunday from 8 AM to 7 PM.
About the Business
- Years in Operation
- 16
- Employees
- 4
- Facilities & Assets
- A fully equipped market, including a deli (closed during the pandemic). It has a basement with a walk-in refrigerator and freezer. The building has a rear entrance for deliveries and a ramp. The long-term lease will be until 2038, with the First Right of Refusal to acquire the property, and the terms are excellent: only $2,700/month, which includes water.
- Market Outlook / Competition
- There are other Hispanic Caribbean—ethnic Markets in the city, but this one is the customers’ favorite due to its variety and quality.
- Opportunities for Growth
- Counting that all the equipment is in place, the deli should reopen to use the ingredients/supplies already at the store. New owners should add more profit centers, such as Beer and Wine, Cigarettes and Tobacco, Lottery, Money transfers, cash checks, and bill payment services. A store like this, located in a densely populated neighborhood, should offer these services. The new owner can get more business by opening more hours.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,500
- Rent
- Not Disclosed
- Lease Expiration
- 3/1/2038
About the Sale
- Seller Motivation
- Focus on other family businesses.
- Transition Support
- The seller will train the new owner.
- Financing Options
- Excellent financial records and tax returns will help to obtain a commercial loan.
Listing Info
- ID
- 2219569
- Listing Views
- 6033
Listing ID: 2219569 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.
Businesses for SaleMassachusetts Businesses for SaleMassachusetts Food & Beverage Businesses for SaleMassachusetts Grocery & Supermarkets Businesses for Sale
Similar Listings
