Home / Propertie / Hispanic Supermarket Package of two
$1,825,000

Hispanic Supermarket Package of two

Business Description

$1,825,000 plus inventory (estimated around 350k to 400K) for Metro Atlanta Supermarket Package Businesses Only. $630,000 average merchandise sales per month for both locations. Profitable Operation, buyer can add ATM, lottery, beer license, bill payment, money orders, cigarettes & tobacco as well as other rebates and commissions for additional income. Great business opportunity for the right family or an owner-operator. Seller is relocating to a different country. Seller willing to train and monitor buyers during transition period. Confidential Listing.
Seller is also willing to sell the building for #2 store that is 14,400 Square feet on an acre and half +/- for an additional $2,050,000.
Facilities:#1 location: 9,700 square feet as a main anchor in a super busy shopping center with bakery, butcher, restaurant and much more. #2 location: The 14,400 sq. ft. facility is located on a high traffic street and in densely populated neighborhood. Across the store is a huge communities of apartments. The demographics is changing with increasing Hispanic population. Major renovations were completed in 2014 prior to opening the supermarket and all the mechanicals and refrigeration, HVAC were installed in 2014.Competition:New ownership can drastically increase the sales by offering more merchandise and services. Current owner (absentee) chose to lease booths within the buildings to an insurance agency, an ice cream kiosk and to someone who offers check cashing, money services and much more. If current owner chose to operate these booths, they can make additional monthly income.
No information will be given or shared without a proof of funds, seller is willing to meet in person to go over all questions and answers and to explain the operation on person.
Asking Price: $1,825,000
Gross Revenue: $7,561,406
Inventory: $350,000
Established: 2009
FF&E: $650,000