MergerPlace

A Busy Latin Supermarket For Sale

Miami Dade, Florida (Miami-Dade)


  • Asking Price: $1,100,000
  • Gross Income: $3,950,000
  • Cash Flow: $800,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $500,000
  • Listing ID: #213029
  • Established: 1994
  • Employees: 16

Business 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. Please refer to this listing # 2201826283 Business Broker Jesse Peraza when inquiring about this listing.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Florida
Metropolitan Area: Miami Dade
County: Miami-Dade

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16

Financial Information

Asking Price: $1,100,000
Gross Revenue: $3,950,000
Cash Flow: $800,000
FF&E: $500,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 11300 Square Footage: 15000 Building Type: free standing Terms & Options: 1x5 yr Expiration Date: 1/1/2023

Competition:

Non Compete : Miles: 100 Years: 3

Reason for selling:

Other Business Interest

Support & Training:

Seller willing to train fro 3 weeks at no cost

Contact Business Seller

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Business Listed By:

Jesse Peraza

Transworld Business Brokers