Well known Full Service Asian Supermarket for sale
Sugar Land, TX
| Asking Price: | $2,400,000 |
| Gross Revenue: | $8,084,000 |
| FF&E: | $1,100,000 |
| Cash Flow: | $300,000 |
| Inventory: | $750,000 |
| Established Year: | 2013 |
Listing ID: 2295283Listing provided by BizBuySell
BUSINESS DESCRIPTION
Unique opportunity to purchase a well established Asian Supermarket located in affluent Houston suburb-City of Sugar Land. Within the high income neighborhood, The supermarket focuses on providing fresh produce, south east Asia grocery and frozen items, fresh seafood and meat along with two Hot Deli eating places. It is the center of daily livelihood of the highly educated population of Sugar Land.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Sugar Land, TX
Inventory
Included in asking price
Building SF
36,500
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
New self contained AHT Freezers and display coolers were installed in 2018 to provide trouble free operation. Camera and alarm system are in place.
Owner is also the landlord of the shopping center and the rent is negotiable. The business is qualified for investment-based green cards.
Competition
Houston metro area is attracting a lot of new comers from around the country due to it's high employment opportunity in oil industry and healthcare sector with affordable housing cost. With excellent educational school district, Sugar Land Clement high school ranked best (#19) public high school in Texas.
Growth & Expansion
Import directly from the products origin will reduce the cost significantly.
Financing
Negotiable.
Support & Training
Owner will provide one month training and support.
Reason for Selling
Owner is retiring.
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