Hispanic Grocery/ Liquor Store for Sale
Convenience, Beer,Liquor, Meat Dept. Restaurant, and Video Slots
HISPANIC Grocery, Taqueria, Carniceria, Liquor and Video Slots store/ location up for sale, business only. Approximately 4k sq. ft. In strip mall with plenty of parking spaces. Owner is moving on to other opportunities.
This store has it ALL, it's your one stop eat, play, and shop location. The store has a combination liquor license both for consumption in the restaurant and to sell retail. Video Slots enjoy weekly deposits into your account, based on weekly play/ activity.
This location has enjoyed for over 24 years of old and new customers. The store is on a main road where plenty of cars drive by every day. It is surrounded by lots of apartment buildings, houses and businesses in the area. This store offers groceries, has a meat/deli counter, both, beer and hard liquor and a restaurant/ taqueria for your enjoyment.
We have catering available upon request. On weekends we provide the traditional chicharron seco, chicharron con carne, carnitas, menudo, barbacoa and birria.
The store accepts cash, debit/ credit and link. We currently don't have lottery, this is something the new owner can bring in along with other opportunities to increase profits. For ex. Lottery, check cashing, money wire transfers and a paqueteria service to other countries.
Financials will be provided after filling out confidentiality form along with proof of funds. Pricing for the store includes ALL inventory along with all equipment. Enjoy well established 20 + years at same location with very loyal customers. Great return/margin (50%) on all merchandise, groceries and meat. Beer has a margin of 30%, while hard liquor varies.
GREAT NEWS!!! The restaurant side has been rented out to someone for a period of one year lease. That is $1,800 a month, $21,600 a year rent to the store. That's an addition money source that can be added to the total revenue for the store.
Perfect investment for someone who wants to get into having their own business, enjoy working for your-self and not having to listen to a boss. Can also be for someone who wants to expand and add to their current business. This business can be very rewarding don't delay, think about your future.
2014 YEAR END NET PROFIT ( + ) $84,684.00
2015 YEAR END NET PROFIT ( + ) $118,928.00
2016 YEAR END PROJECTION NET PROFIT ( + )$140,500
Additional info: Rent is $5,200 per month, includes CAM
BLDG Owner pays for garbage removal and water to the business.
-$1800 restaurant lease
$3400 your portion, almost 4k sq. ft.
Owner is willing to consider ALL OFFERS AND OPTIONS for the sale of this business. Buyer may verify foot traffic-sales by sitting in store for 3 DAYS ONLY. Buyer may sit in on busiest days, friday, saturday and sunday ONLY. Before sit in, buyer and owner shall have a written contract for purchase of the business, pending verifiable foot traffic-sales. Owner does not want to waste valuable time and effort.
Hi Cash Flow NETS $180KCommunity GroceryMarket/Meat - ONLY $250K Down
High Vol Hi Cash Flow NET $250K Down Payment Bank Loan Already Approved
Business has been community landmark for last 30+ years. Current owners are 3 partners.
Supermarket does about $170,000-$180,000 per month average in sales.
$$$ PLUS $$$
It has AN ADDITIONAL high income from the Lotto- Lottery sales are about $90,000-$105,000 per month generating a $5,000-$5,500 NET additional monthly income (with commission and payout cash rebate).
Owner just recently upgraded deli section and added fast food carry out section. That is not being focused. By paying attention to this profit center, bottom line of the business can be improved.
High Payroll is about $28,000 per month -- OFFERS AN OPPORTUNITY to bring down the payroll with proper and aggressive management. Payroll should be around $20,000, as industry standard.
Lo Property Taxes of $15,000 per year.
Big storage for deal-buying. 30+ security camera system, separate offices in upper floor for easy management and monitoring.
GREAT BUSINESS WITH REAL ESTATE.
** BANK APPROVED THE FINANCING IS AVAILABLE FOR QUALIFIED BUYERS.
Business does not sell cigarettes and it must be added, A strong revenues stream is neglected by the owners.
Owners just added a fast food inside the store. It can be expanded.
Liquor license can be applied and revenues shall be increased tremendously.
Please fill in the NDA forms attached here to obtain more information.