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Supermarket - Absentee Owned With Real Estate
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $6343749
Net Profit / Cash Flow $364307
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1972
Number of Employees 35 - 49
Inventory 881000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Owned
Training The owner desires a transition that is both smooth and seamless. The owner will train the buyer per contract agreement & until a complete understanding of the company is achieved.
Reason for Sale Owned 35 years & seeking full retirement.
Description Absentee owned supermarket for sale 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 / 2007 / 2008 EBITDA + Officer(s) Salaries follow: $372,370 / $424,665 / $319,738 / $364,307 respectively. Corporate stock is divided equally among its three corporate officers. Please contact Scot Jones, Broker, by clicking the below contact seller button 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 Site Map of the location and for a complete list of all our business opportunities and commercial real estate properties.
The Supermarket occupies 18,000 SQ.FT. This is an excellent absentee owner opportunity. This supermarket has 35 years of positive entrenchment into the area in which it is situated. It is a very well known & respected marketplace.
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