Indian Pakistan Grocery Store with unbelievable upside with Financing.

Clearwater, FL (Pinellas County)

Seller Financing Available
Indian Pakistan Grocery Store with unbelievable upside with Financing.
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Asking Price: Get Financing: $75,000

Cash Flow: $35,000

Gross Revenue: $120,000

EBITDA: N/A

FF&E: $20,000

Inventory: $17,000*

Established: 2016

*not included in asking price.

Indian Pakistan Grocery Store with unbelievable upside with Financing.

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Business Description

This store is located in a strip shopping center that has been around for many years before it closed due to the health of the owner. Seller rented the same location and opened it up from scratch about eighteen months ago and redecorated and put in all new equipment and started up the new business under a new name. The store caters to all races that come to this location for the specialty groceries and spices that it sells. This store is now well established in the lines it carries that a new buyer does not have to do anything other than just carry on doing the same type of trading but to add additional lines such as Hispanic items and English foods as the area has a vast amount of UK residents as well as South Americans and Latinos. Convenience items and Lotto could also be added as there are lots of businesses and many single-family homes in the area. The store is up for sale as the seller lives an hour away and the travel is getting to much and she also has a family that needs her attention.
In the same shopping center, there is a popular Indian restaurant that brings in a lot of customers and also buys product from the store.

Detailed Information

Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,000 square feet of nice clean and bright space with plenty of room to grow. Located in a strip center with other stores and an Indian restaurant that is well known and brings in customers. The lease can be extended for as long as required with plenty of parking and is only $1,350.00 per month.
Competition:
No competition for at least 35,000 miles. UK foods and Hispanic groceries can easily be added as well as lotto and there is also room to add a convenience section as well.
Growth & Expansion:
The store can also carry English foods along with Hispanic groceries
Financing:
Seller will finance the inventory
Support & Training:
Seller will stay a week and train if required at no charge and has a very good point of purchase register that has all of the items barcoded and makes it very easy to control so if an absentee operator has staff all sales are regulated.
Reason for Selling:
Lives too far from the store and travel is becoming a problem.
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John Price

Business Listed By:
John Price

John Price Broker & Associates

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