!!!PRICE REDUCED!!! Ethnic Grocery store in Katy

Katy, TX (Fort Bend County)

!!!PRICE REDUCED!!! Ethnic Grocery store in Katy
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Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $150,000

Inventory: $25,000*

Rent: $6,468 /Month

Established: 2017

*not included in asking price.

!!!PRICE REDUCED!!! Ethnic Grocery store in Katy

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Business Description

Fully functional with staff and inventory

Established to serve the growing Asian population in the Houston/Katy area, this grocery business is ideally located close to population centers as well as major highways. The store has all the necessary setup and has a great potential for expanded business in the area. The business already is partnering with some of the famous restaurants in Houston and is catering to their meat/vegetable/grocery needs. Some of the features include built-in freezer, cooler, a Halal butcher shop, take out food counter, marked up aisles, fresh vegetable section, fully functional POS, inventory management system. Business location is ideal as it is close to the highway, shopping malls and restaurants. Current staff is fully trained and can be retained.

Detailed Information

Location:
Katy, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,300
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased, In-built freezer for frozen food, coolers, marked aisles, functional POS system with inventory management tools already setup, butcher shop and a take-out food corner
Competition:
Growing market, Asian community and demand for ethnic food is going to increase exponentially in the area. Little to no competition in the area as customers have to either drive to Stafford or Hillcroft to meet their demands.
Growth & Expansion:
Currently offering take-out food within the store and can be expanded to on-site cooking and serve as a mini-cafeteria. Options are there to do home delivery of Grocery in the Greater Houston area as the demand expands
Support & Training:
Current owner will support through transition and train in the management. Staff can be retained
Reason for Selling:
Focus on other business
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Business Listed By:
Bizvent Houston

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