Profitable Locally Owned Supermarket

Landover, MD (Prince Georges County)

Profitable Locally Owned Supermarket
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Asking Price: $1,200,000

Cash Flow: $420,000

Gross Revenue: $6,200,000

EBITDA: N/A

FF&E: N/A

Inventory: $450,000*

Rent: $20,000 /Month

Established: 1968

*not included in asking price.

Profitable Locally Owned Supermarket

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Business Description

Profitable Super Market

Super Market Opportunity! This Super Market has been locally owned & operated by the sellers for the last 10 years! Previously, it had been also a super market for the last 40-50 years. This is a full-service Grocery Store that prides themselves in providing their customers a great shopping experience, good values, and friendly and helpful service from their outstanding employees. The shelves are well stocked with a variety of products, especially Hispanic food and other ethnic items.

-Departments consist of grocery, produce, full-service Meat with a true butcher block, , general merchandise, cafe/bakery, etc.

-All inventories will be purchased at cost at Closing!

Prospective Buyers must sign a Confidentiality Agreement as well as provide proof of funding before receiving financial details.

SBA loan is available with as little as 30% down.

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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
20,000
Lease Expiration:
N/A
Employees:
17
Facilities:
The 20,000 sq. ft. facility is located on a high traffic street and in densely populated neighborhood. Behind the store is a huge communities of apartments. The demographics is changing with increasing Hispanic population. The inventory reflects the change to accommodate more of the ethnic shopping needs. A major renovations were completed in 2014.
Competition:
Normal area competition.
Financing:
The value of inventory
Support & Training:
2-4 weeks
Reason for Selling:
Seller has other store to focus on
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simon so

Business Listed By:
Simon So

GOLDEN TREE BUSINESS BROKERS

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