Absentee Owned Supermarket With RE
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $5315818
Net Profit / Cash Flow $424665
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1972
Number of Employees 35 - 49
Inventory 881000
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Training Seller will train buyer as needed for a smooth transition.
Reason for Sale Owned 35 years & seeking full retirement.
Description Absentee owned supermarket in Texas with accompanying real estate is available for acquisition. Since 1972 this supermarket has been extremely successful and a reliable, passive return on investment for its owners. Situated in a Texas city with a stable economy and record level low unemployment for the entire state of Texas (2.7%). EOY 2005 & 2006 EBITDA + Officer(s) Salaries follow: $372,370 and $424,665 respectively. Corporate stock is divided equally between its three corporate officers.
Facilities: 18,000 S.F. Total Supermarket; This is an excellent absentee owner opportunity.
Competition: This supermarket has 35 years of positive entrenchment into the area in which it is situated. It is a very well known & respected marketplace.
Please email or call Scot Jones, Broker at 214.495.9200 / 888.808.5071 for the Financial Statements, Business Summary, Detailed Asset List, City Demographic Data, Pictures of Property & Building (inside/outside), Real Estate City Appraisal Data, Site Map and Satellite Map of the location. Contact for more information on this Supermarket business for sale.
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