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Turnkey Gut Renovated Hispanic Supermarket with great sales and profit

Business Description

This is a rare opportunity to acquire an exceptional Hispanic Supermarket business with fresh Meat department, Produce department, restaurant, deli, bakery and a full range of other grocery items.
This supermarket has been very successful and profitable from the time they opened back in December of 2014, and has been owned by the current owner from day 1. It has been a consistently-money- making store for a very long time and has the potential of making a lot more.
Almost no competition, and business has established solid reputation among the regular customers.
It is well known in the community for its selection of quality fresh meats, authentic Mexican groceries, and bakery other American favorites. Additionally, this business offers a full Mexican restaurant within the same building.
Long-term supplier relationships are currently in place to include the primary grocery supplier and local suppliers. This possible acquisition is an excellent fit for an existing independent grocery store/supermarket looking to expand its footprint or an individual who has had several years of grocery store/supermarket general manager/store manager experience.
Priced at
The 14,400 sq. ft. facility is located on a high traffic street and in densely populated neighborhood. Across the store is a huge community of apartments. The demographics are 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.
Asking Price: $1,100,000
Inventory: $250,000
Established: 2014
FF&E: $304,996