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Spanish Grocery Supermarket for Sale in Pinellas Park

Reference #: 41462326
Location: Pinellas Park
Price: $110,000
Amount Down: $80,000
Revenues: $297,000
Discretionary Earnings: $39,200
Total Assets: $90,000
Business Description: This thriving Grocery, Supermarket, and Deli that services the Hispanic/American Community is one of the oldest and most well-known in the county, and carries a large selection of most-wanted grocery items, as well as fresh produce. It is located on a corner of two main thoroughfares, in a strip center, at a traffic light, with easy ingress and egress. It is surrounded by residential areas and businesses, and is known for its excellent and authentic Spanish food items. 2010 sales show an increase over 2009 and the rise is expected to continue. Lotto could be added to increase sales. This business is immune to economic fluctuations as it is a niche market, and is the only one of its kind in the area, as it sells fresh produce and meats, as well as canned goods, fresh bread, and other Latin items, and is famous for its Cuban Sandwiches. It has a great lease, and at 3000 sq. feet, there is plenty of room to carry many imported and hard-to-find items. Seller will provide some financing to qualified buyer. Owner is moving out of state, and will entertain all offers. For more information, contact VR Business Sales at 727-499-6500 or email info@vrclearwater.com

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.