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Businesses For Sale   >>   Grocery and Supermarkets Businesses For Sale

Supermarket - Absentee Owned With Real Estate

Location  Texas,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $5779961
Net Profit / Cash Flow  $448769
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1972
Number of Employees  35 - 49
Inventory  $881000 (not included in asking price).
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Owned
Training  The owner desires a transition that is both smooth and seamless. The owner will train the buyer per contract agreement & until a complete understanding of the company is achieved.
Reason for Sale  Owned 35 years & seeking full retirement.

Description  
Absentee owned supermarket in Texas with accompanying real estate is available for acquisition. Since 1972 this supermarket has been extremely successful and a reliable, passive return on investment for its owners. Situated in a Texas city with a stable economy and record level low unemployment for the entire state of Texas (2.7%). EOY 2005, 2006 & 2007 EBITDA + Officer(s) Salaries follow: $372,370, $424,665 & $448,769 respectively. Corporate stock is divided equally among its three corporate officers. Email or call Scot Jones, Broker, Ph: 214.495.9200 or toll-free 1.888.808.5071 for the Financial Statements, Business Summary, Detailed Asset List, City Demographic Data, Pictures of Property & Building (inside / outside), Real Estate City Appraisal Data, Site Map and Satellite Site Map of the location. Facilities: 18,000 S.F. Total Supermarket; This is an excellent absentee owner opportunity. Competition: This supermarket for sale has 35 years of positive entrenchment into the area in which it is situated. It is a very well known & respected marketplace.


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