Large grocery store and meat market in Palm Beach County Florida
This newly refurbished grocery store (very clean) with a meat market, deli, cooked food, groceries, beauty supplies, beer, wine, cigarettes, Lotto, Western Union, bill pay, and check cashing is a super deal with an asking price of only $550,000. Established in 2011, this grocery store for sale offers a gross income of $1.5M. Contact Florida Business Brokers for more information.
Facilities:10,000 sq ft grocery store with too many coolers and new shelving, deli area, full kitchen, freezers, ice maker, two check out areas with computerized bar code scanners, customer service area, new security system with cameras, check cashing system, Western Union, lotto machine. Seller installed a $72,000 computerized bar code scanner (mini Publix system). There are 2 check out areas and a customer service area.
Competition:On a main street in a town of about 10,000 residents. Residents are mostly farm workers and retired farm workers. There are nearby camp grounds and cabins during the season that have been growing in numbers over the years. Also Trump purchased the land north of town in Canal Point to make a golf course and resort. The population is expanding and could hit exponential growth with the newly planned port project. . The only competition is a save-a-lot store in town which dominates the grocery sales. This store dominates the meat sales in town.
Growth & Expansion:Dominant meat market in town. Sells more meat, cold cuts, beer, wine, lotto, and cigarettes than the competition. Business is focused on the high profit items. There is a check cashing system in place but the owner does not use it very often because he is not at the location full time to watch over the cash. Also, the retail cooked food does well and has a lot of room to grow.
Support & Training:Seller will provide necessary support to buyer.
Reason for Selling:Other business interests