Profile: Price Reduced For Quick Sale, Neighborhood Market, Established From 50 Yrs.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1.3 M |
| Down Payment: |
$500,000 |
| Annual Revenue: |
$5.5M |
| Annual Adjusted Net: |
$400,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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This Is A Great Supermarket With No Competition.The Only Full Service Grocery In The Area. The Building Size Is Approximately 30,000 Sq. Ft. Employees Are Non-Union And A Store Manager Is In Place. Customer Count Runs Between 1050-1100 Per Day.
Inventory Is 400,000 Which Is Not Included In Sale Price.
Full Time Employees=20, Part Time=18
Store Sales 460,000 Per Month With 33% Profit =151800.00 Per Month
Other Income =4000.00 Per Month
Total Gross Profit=155800.00 Per Month
Expenses Per Month:
Rent=20,000
Payroll=48,000
Utility=9500
Repair=1000
Maintenance=3000
Payroll Taxes=7500
Workers Comp=1800
Insurance=1000
Atm Service Fee=3000
Advertising=10,000
Supplies=1100
Laundry& Uniform=600
Misc Expense=2000.
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