- Asking Price: $99,000
- Gross Income: $504,000
- Cash Flow: $49,088
- FF&E: $5,000
- Inventory: $25,000 *
- Employees: 2
- Established: 1998
Listing ID Number: BBF-898100022
Business Description
Convenience/Grocery Store (NO GAS) with a kitchen in Sarasota. The store has hood, food warmer, hot dog grill and nice kitchen space to add other food options. The store is located in a nice residential area combining with some industrial companies as well. There is a large apartment complex next door, mobile park across the street from the store and a new apartment complex just two blocks from the store. The store has great sales history, with current sales at $70-80k per month including lottery, and growing each month. Sales can be increased by adding EBT, check cashing, money-gram/Western Union, by adding more inventory, by adding breakfast/lunch food programs and by increasing hours of operation. Currently the store runs with absentee owner. This store has very low rent compared to other stores in the area. This could be the perfect match for family operation. Don’t wait too long; this listing won’t last!
Please Note: Picture is not actual store.
Detailed Information
Furniture, Fixtures, & Equipment (FF&E): Included in asking price.
Facilities: Current lease expires in 2021 and has 5 year option to renew. Rent is $2,600 includes everything.
Growth & Expansion: Add EBT, Check Cashing, Hot Food, More Inventory.
Support & Training: Seller will train you for one week or more if needed.
Reason for Selling: Owner received nice job offer which he can not decline.