Mid Eastern Grocery Meat & Supermarket In middle Of Orlando/Kissimmee

Kissimmee, FL (Osceola County)

Seller Financing Available
Mid Eastern Grocery Meat & Supermarket In middle Of Orlando/Kissimmee

Asking Price:$149,000

Cash Flow:$36,000

Gross Revenue:$410,000




Rate/Sq. Ft.:$12.00


Mid Eastern Grocery Meat & Supermarket In middle Of Orlando/Kissimmee

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Business Description

Seller carries a full range of grocery items but not all Brands or products as is the case with any other comparable size store in the area that is selling ethnic Arab products. With additional inventory the seller will be able to offer to his customers a complete one stop shopping experience, which is not the case at this moment. Customers have to make at least three stops to get a full range of products and or named brands. With a deli/ hot food bar the profit margin will increase dramatically and this store will be the largest in the area. The business is all set up and making about $36,000 a year to the owner at this moment. It has two employees that are very experienced and will stay if required and the owner who works about 50 hours a week. It has about $75,000 of equipment and about $35,000 in leasehold improvements and the build out. of the store. Seller also carries a full range of Islamic clothing for men and woman.
Seller will stay and you do not need any other licenses at this moment but will require addition licenses when the deli gets going,all of which are not any major tasks.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
3,000 Square foot grocery produce and Halal meat super market that is fully equipped with all shelving, walk in coolers and refrigerators along with all meat cutting and packing equipment at a rent of $3,000 including all taxes and in a strip center that caters for the Arabic market. Six years left on the lease and no problem to obtain longer if required.
This store has about $25,000 of inventory and compared to other stores in the area competes very well price wise and selection wise. No advertising or marketing has been attempted by the seller and he has been open for three years and is well known in the area. Parking is good and the location is close to a Supper Wall-mart and many other middle Eastern restaurants and businesses.
Growth & Expansion:
This business grosses $34,000 a month with a margin of 35% and could easily double with another $25,000 of inventory and the opening of a hot food bar or deli. The seller has room in the store and is only selling or taking on a partner/investor as he does not have the capital to purchase the additional inventory or to add the hot food bar. With these additions the seller expects to gross over $100,000 a month with a very high margin.
Inventory only
Support & Training:
Seller will stay as long as a buyer requires and will train if a buyer does not have grocery experience.

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John Price & Associates

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John Price & Associates

John Price Broker & Associates

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