MergerPlace

Long Established Asian Grocery Store

Tampa Bay, Florida (Hillsborough)


  • Asking Price: $390,000
  • Gross Income: $1,338,977
  • Cash Flow: $128,814
  • Real Estate: Not Disclosed
  • Inventory: $180,000
  • FF&E: $80,000
  • Listing ID: #202832
  • Established: 1999
  • Employees: 6

Business Description

Family owned and operated Asian Grocery Store that caters to a wide and diverse cross section of the community. The store features a full line of Asian grocery products, fresh produce, housewares, and much more. Lots of parking, storage, and ample space to off load delivery trucks. Seller will negotiate lease with new Buyer, or the real estate is available for an additional $1,400,000.

Don’t miss out on this outstanding opportunity. Interested in learning more? For a complete presentation please contact Tim Bellon at 813-326-7252.

Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: Florida
Metropolitan Area: Tampa Bay
County: Hillsborough

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $390,000
Gross Revenue: $1,338,977
Cash Flow: $128,814
FF&E: $80,000
Inventory: $180,000
Seller Financing Available: No

Property Information

Facilities:

The business occupies 1.5+ acres; has two stand alone buildings that are co-located next to each other; 50+ parking spaces.

Growth & expansion opportunities:

Someone with the energy and resources could take this business to a new level. Some areas for consideration to grow the business include; adding a website, advertising, use the assets currently available to their fullest potential, etc.

Competition:

There are other Asian/Oriental Markets in the area.

Reason for selling:

Retirement

Support & Training:

The Seller will spend up to 30 days of training and conducting a complete and orderly turnover of the business with the new owner following the close of escrow. The Seller will sign a 5-year non-compete agreement directly with the Buyer within a 10-mile radius of the business location.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tim Bellon

VR Business Sales of South Tampa