A Busy Latin Supermarket For Sale

Listing Number: 2201-826283

Description

Very busy Latin supermarket situated and grandfathered in a residential area with little to no competition around. Free standing building with lots of parking and numerous revenue streams including UHAUL truck rentals, Western union, Ria, Latin cafeteria serving hot and cold food to go, electronics and cell phones. The market has been there for over 20 years, but current owners bought in 2017 after the hurricane and totally updated, renovated and brought in newer equipment. 2018 sales were affected by not yet being approved for food stamps which was approved later in the year and getting all permits updated and renovations done and still had net of over $500k.This place rivals other better-known Latin supermarkets in Dade County for a fraction of the cost.

Listing Details

  • Price: $1,100,000
  • Down Payment: $800,000
  • Sellers Discretionary Earnings: $800,000
  • Total Sales: $3,950,000
  • Location: Miami-Dade County, Florida

  • Inventory: $0
  • FF&E: $500,000
  • Employees: 14
  • Year Established: 1994
  • Reason for Selling: Other interests
  • Category: Food Business Retail

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