Latin American & Ethnic Grocery in Prime Location--New, Lowered Price.
Location: Maryland > Prince George's County > Hyattsville
Industry: Food and Beverage > Grocery and Supermarkets
Financials
Asking Price: $290,000
Gross Revenue: $1,600,000
Cash Flow: $180,000
Inventory: $100,000 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Seller Financing: $250,000 down and the balance amortiized for 60 months
Business Summary
Located in the middle of the community, with main traffic in front. Ample parking space. This 19 year-old community-friendly business is really a bargain. Present owner is retiring. If you have experience doing similar business. you will really like this opportunity. Future prosperity foreseeable.

6,000 sq ft sized store with all the necessary equipment. Renewable lease.

Prime location with Latin American, African, West Indian, Asian and Spanish products and services, including Western Union, phone cards, notary public, etc., for the community needs.
About the Business
Year Established: 1989
Employees: 10 full time -
Facilities: 19 years of operation by the present owner. 6,000 sq ft sized store with all the necessary equipment. Plenty of parking spaces. Renewable lease.
Market Outlook and Competition: Prime location with Latin American, African, West Indian, Asian and Spanish products and services for the community needs.
About the Sale
Management Training and Support: The owner will train the buyer for one month.
Reason For Selling: Retiring.
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BizQuest ID:897814
Seller ID:steve kim
Business Listed By
Name:Steve Kim
Company:SUN BUSINESS SELLING LLC
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.