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Established Very Profitable Supermarket-Great Cash Flow, Long Lease

Bristol County, MA
listing image
Asking Price:$900,000
Inventory:$100,000
FF&E:$150,000
Cash Flow:$350,000
EBITDA:$275,000
Established Year:2009
Listing ID: 2207745Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is an excellent and rare opportunity to take over a mature, fully equipped supermarket that carries fresh meat, produce, groceries, dairy, frozen food, etc. It has a complete butcher area. Located in a busy, dynamic neighborhood, the growing Latino community provides additional opportunities to a new owner.
This highly profitable market with excellent cash flow results from fifteen years of continued loyal support from the community for providing fresh and quality products at affordable rates and very low rent and overhead costs. Buyers will discover that this business has well-maintained financial records and tax returns for the buyer’s due diligence and to obtain a bank loan.
The excellent bottom line is without sales of Deli, Beer and Wine, Cigarettes and Tobacco, Lottery, Money transfers, cash checks and pay bills services, or any other service that is not currently offered/provided but should be.
Easy hours: Monday- Sunday from 8 AM to 7 PM.

DETAILED INFORMATION
Location
Bristol County, MA
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully equipped market, including deli (which was closed during the pandemic). Basement with walk-in refrigerator and freezer. It has a rear entrance for deliveries and a ramp. Long-term lease until 2038 with First Right of Refusal to acquire the property, and great terms: only $2,700/month which includes water.
Competition
There are other Hispanic – Caribbean – Ethnic Markets in the city, but the variety and quality of this market make it the customers’ favorite.
Growth & Expansion
All the deli equipment is in place, ready to reopen and use the ingredients/supplies already at the store. New owners should add more profit centers, such as Beer and Wine, Cigarettes and Tobacco, Lottery, Money transfers, cash checks, and bill payment services because that lack of services is unusual for a store like this in a densely populated neighborhood. The new owner can open for more hours.
Financing
Excellent financial records and tax returns will help to obtain a commercial loan.
Support & Training
The seller will train the new owner.
Reason for Selling
Focus on other family businesses.
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Javier Castro
Boston Bay Business Brokers
Phone Number
Javier Castro
Call Phone