Business For Sale Listing 117723
Grocery Store/Restaurant
Status as of Nov-21-2008 at 06:06 PM: Active
Business Summary
This business was established in 1995 and was purchased by the present owner in July, 2005. The business has grown and expanded and now is a profitable food service establishment that serves the Hispanic community with high quality restaurant foods, groceries and bakery goods. The business is being marketed for sale by the present owner so that he might concentrate on other business ventures in which he has a financial interest. This business consists of three separate components each of which compliments the goods and services of the other businesses all owned and operated by the same owner from this one location. The revenue generated by these separate units is divided in that the grocery store provides 50% of the gross receipts of the business. The grocery store will typically carry an inventory that has a value of $80,000 at cost which consists of food items most commonly used by the local Hispanic population. The balance of the income produced by the business is generated by the restaurant operations and the bakery. The restaurant sales include beer and wine sales in addition to an extensive menu of popular Mexican and American dishes.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($892,358) |
| Profits: |
Under $100 Thousand ($45,440) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,200,000) |
