Asking Price:

$650,000

Gross Income:

N/A

Cash Flow:

N/A

EBITDA:

N/A

FF&E:

N/A

Inventory:

$100,000.00 **

Real Estate:

N/A

Year Established:

1979

Employees:

5

Business Types:

Supermarkets
Convenience Stores

** not included in the asking price

Business Description

$60,000.00 monthly sale and $ 9000.00 additional income come from check cashing. Other income like, Lotto/Lottery, money Order, Vending machines not included. Check cashing is such a guaranteed businss here becauses almost all the checks are payroll checks from regular and local customers and nothing new. loyal employees has been working for many years, makes the operation very stable. Area has some of the largest employers, makes the purchasing power strong and consistent in this area. Just 45 minutes drive from Houston is a big deal. Merchandise includes, Grocerey, Dairy, Beer & Wine, Tobacco and other. Operates from 7 AM to 10 PM.

Detailed Information

Facilities:

45 minutes drive from Houston this well established market is in a Downtown location, for over 27 years. This 7000 sqft, bldg is remodelled in the past and are in excellent condition. High trafic location with enough parking, within 5 minutes from major Interstate freeway. You will not find another business with such profitability and volume in the proximity of Houston for this price.

Competition:

Another food store with in 500 yards, but the competition has been through for over 15 years. Loyal customers have always been a blessing for the success of this business inspite of the competion.

Support/Training:

Seller will train the buyer free for 2 weeks .

Reason Selling:

Other Larger Operations