50+ Year Established Meat Market & Convenience Store

Saint Petersburg, FL (Pinellas County)

Seller Financing Available
Meat Market
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Asking Price: Get Financing: $150,000

Cash Flow: N/A

Gross Revenue: $661,705

EBITDA: N/A

FF&E: $30,000

Inventory: $40,000

Lease Rate: $1,284 /Month

Established: 1966

50+ Year Established Meat Market & Convenience Store

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Business Description

This neighborhood Meat Market has been in business 50+ years!! Well established meat market and convenience store combined. Business is steady year around and not subject to seasonal increase/decrease. The convenient location is near the expressway and in a residential area. A tremendous amount of business is repeat business from the residents. Government EBT food assistance composes a large amount of revenue. A variety of fresh meats, poultry, and vegetables are offered in individual portions as well as tremendously packaged menu plans. The store offers everything from , beverages, dairy, tobacco, beer, snacks, candy etc. Cheap Rent. Current owner is relocating out of state and extremely motivated to sell!
This store has a OWNER BENEFIT OF $261,000 in 2017!!!!! MUST SEE Tax returns as well as bank statements to prove financials!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,450
Lease Expiration:
2/8/2027
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Meat slicing machine, Meat saw, Grinder machine, Cube stick machine, (2) scales, (4) meat cases, Camera system (5) cameras, Television, (11) coolers, (12) shelves. Lease is $1,284 per month and lease does not end until February 8, 2027.
Competition:
Business is in a prime location surrounded by residential as well as being very close to I-275 Expressway. This prime location is less than 10 minutes from Downtown.
Growth & Expansion:
New owner could expand by targeting large events in the surrounding area to serve.
Financing:
20,000
Support & Training:
For a smooth transition, owner is willing to train for (2) weeks at no cost.
Reason for Selling:
Owner is relocating out of state
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Matt Kimball

Business Listed By:
Matt Kimball

TEMPUS Business Strategists, LLC

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Sponsoring Broker:
Gil Sanchez

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