Double Play! Supermarket & Real Estate Investment

FL

Double Play!  Supermarket & Real Estate Investment
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Asking Price: $2,270,000

Cash Flow: $810,000

Gross Revenue: $3,570,000

EBITDA: N/A

FF&E: $250,000

Inventory: $260,000*

Real Estate: $890,000

Established: 1954

*not included in asking price.

Double Play! Supermarket & Real Estate Investment

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Business Description

30 minutes to Florida Gulf Coast Pristine Beaches!

Sixty years established operation with strong market differentiators:

• Captive customer base. 80% of the customers are loyal to culture identification
and service instead of being driven by price’s competition.

• Several food & services vertically integrated operations cater mainly to
Mexican & Central American customers, including temporary farms
workers.

• In addition to buying groceries, produce & meat, the customers are delighted
by a real “One stop shopping” experience including:

o Farmers tailored business hours 5AM to 8PM.
o Monday to Friday 5:00AM “Lunch to Go” Nov-May Subscription Plan.
o Free transportation back to home for over $150 purchase.
o Employers' check cashing.
o Money Transfer to their country of origin.
o Nov-May Restaurant.
o Coin Laundry.
o In-house daily made fresh Bakery goods & Tortillas.
o Their origin country Familiar brands & “Meat Cuts”.

• The high profitable butchery represents 50% of the revenue.

• “H-2A visas Temporary Farm Workers” define a Seasonal Revenue Pattern:
o Nov - May: $300-360K/month ($400K Dec Holiday Peak).
o Jun - Oct: $200-240K/month.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
20,000
Employees:
12-18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Supermarket space is 13,000 Sq.Ft. Additional 7,000 Sq.Ft. space includes: Coin Laundry, two additional tenants (Taxi company & Liquor store), and two apartments. The business is located: * In a Central Florida countryside city. * 25-50 miles (30-60 minutes) from the Florida Gulf Coast pristine beaches and Sarasota, Siesta Key, Port Charlotte, Punta Gorda, Fort Myers, Venice, Cape Coral, and Sanibel Island. * 90 miles (1.5 hour) to Tampa, Saint Petersburg, and Naples. * 111miles (2 hours) to Orlando. * 177 miles (3 hours) to Miami.
Competition:
No competitor has market diferentiators of this business.
Growth & Expansion:
* The installed equipment allows to substantially increase the production in bakery goods and tortillas. The surrounding area can absorb such production increase. * The Restaurant can cater to the general population in the five low season months that currently is closed. *A better structured money transfer operation can increase the cash flow in $100,00 per year
Support & Training:
To be determined.
Reason for Selling:
Attention to Other Investments
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Contact the Seller

(from currently available funds)
 
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Volmar Espinosa

Business Listed By:
Volmar Espinosa

Jax Business - Kommersial - Makro Investment

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Sponsoring Broker:
Ricardo Quintero

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