MergerPlace

Profitable Palm Beach Produce Foods Mkt

Florida (Palm Beach)


  • Asking Price: $645,000
  • Gross Income: $2,157,998
  • Cash Flow: $231,461
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $100,000
  • Listing ID: #208624
  • Established: 1991
  • Employees: 9

Business Description

Well known for over 25-years, this North Palm Beach produce and foods market is the go to place for some of the best Florida chefs, country clubs and connoisseurs of the freshest fruits, vegetables and hard to find luxury foods. With owners who want to retire after a lifetime of devotion, this outstanding opportunity is now you’rs for the taking. The business is located on the busiest street in N. Palm Beach County, it has a well-trained staff, reasonable lease terms and could include an option to purchase the property in the future. Some seller financing may be possible. The 2018 figures are based on June 30th numbers. Down payment is based on SBA lender financing. Please refer to listing number 0101-875607 and advisor Tom Milana when inquiring.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Florida
County: Palm Beach

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9

Financial Information

Asking Price: $645,000
Gross Revenue: $2,157,998
Cash Flow: $231,461
FF&E: $100,000
Inventory: $40,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 3,200 Square Footage: 2,459 Building Type: Free Standing + Terms & Options: To be discussed Expiration Date: 12/31/2023

Reason for selling:

Retirement & Health

Support & Training:

Seller will train for 4 weeks at no cost

Contact Business Seller

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Business Listed By:

Tom Milana

Transworld Business Brokers