Latin Grocery Stores With Good Margins And Beneficial Contracts

Listing Number: 45745-183302

Description

Rare opportunity of two grocery stores for sale.

First store opened in 2010 and was remodeled in 2017, and it has approx 12k SF with 10k lease. Sales in 2018 were approx. 275,000 per month, with profit margin of 16%. This store was under an operating lease that ended recently and is currently closed.

Second store opened in 2017 and it is approx. 14k SF and 17k lease. This store is fully functional, has grocery sales of approx. 300,000/month, warm food sales of approx. 27,000/mo, and commission sales of 10,000/month from international wire transfers. Net profit margin for grocery sales is between 14-16%.

Listing Details

  • Price: $1,000,000
  • Down Payment: $1,000,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location: Oklahoma County, Oklahoma

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Expiration of operating lease
  • Category: Food Business Retail
Latin Grocery Stores With Good Margins And Beneficial Contracts

Business Listed By:

Andrew Popa