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Businesses For Sale   >>   New Orleans Businesses For Sale   

Latin Grocery Business For Sale

Location  New Orleans, Louisiana, United States
Asking Price Range  < $250K
Gross Revenues  $5816740
Net Profit / Cash Flow  $48902
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  10 - 19
Inventory  60000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Available
Reason for Sale  Other business interests

Description  
This latin grocery store business for sale has been in operation for seven years. Located on a major 4 lane road in a metro suburb of New Orleans, Louisiana; business enjoys extremely high visibility and heavy daily traffic count. Business did a staggering $5.8MM in revenue last year alone! Real estate is also available withthe sale of the business. Real estate is for sale at $750K and the business for sale at $230K. The metro area has a very heavy Latino population that loves this store. New Orleans is a fun and exciting place to live. There is plenty of affordable housing. New Orleans is the fastest growing, large, metropolitan city in the United States. The culture and people are unique. World class recreational activities abound like French Quarter, Mardi Gras, Superbowl, Final 4, Sugar Bowl, New Orleans Bowl, Jazz Festival, College Football Championship, Saints and Pelicans professional sports teams and much more. The new up and coming technology district will position New Orleans well into the future along with the port and the tourist/convention business. Owner has decided to sell to pursue other business interests and is highly motivated to sell. Seller will help train new owner on this easy to own and operate business. Owner will possibly consider some seller financing for a qualified buyer with a reasonable down payment. Contact us today for more information on this Latin grocery business for sale, come see the big crowds and great selection, meet the owner, make offer!


Click Here To Contact Seller


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