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| Grocery Market and Food Service Qualify for SBA Lo |
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| Company: |
| Location: Coolpeper, Virginia |
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| Asking Price: |
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$550,000.00
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| Industry: |
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Convenience Store |
| Reason for Selling: |
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Other Interest |
| Year Established: |
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2001 |
| Yearly Revenues: |
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1,500.000 |
| Yearly Net Profit: |
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300,000 |
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Overview:
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Grocery Market and Food Service Qualify
for SBA Loan!!
International Grocery Market, Monee send,
Check Cashing and Restaurant providing
Hispanic dishes. Bakery, deli, meats,
produce and groceries from around the
world. The widest variety of farm fresh
produce.
The produce department is stocked with
traditional items as well as hard to find
regional, ethnic, and exotic produce that
are not available in a traditional grocery
market. Tastiest and freshest meats,
fruits and vegetables available at a
fraction of competitors' prices.
Food service includes on site restaurant
as well a catering. On-site seating for up
to 20 with license for outside seating for
20.
Money Gram, Check Cashing, Beer and Wine
Located in a large strip center with
almost 18,000 square feet of space. Great
long-term lease with multiple options to
renew. Margins unheard of in the grocery
business. Very little competition near by.
Customers come from a wide geographical
area.
Current revenue is approximately
$1,500,000 per Year and is growing
steadily. Net to owner should be over
$300,000. This business could qualify for
a EB5 visa.
Property Features and Assets:
Established 2001 in a renovated 4,000
square feet space in a large strip center.
Owner has another business opportunity in
the wholesale food industry and wants to
sell this great retail business.
Market Competition and Expansion:
Very little competition in the area and
margins much higher than traditional
grocery markets. Potential Growth
Business is expanding monthly and should
be able to generate over $100,00,000 per
month in revenue in a very short time.
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Property Features and Assets:
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Qualify for sba with $100 down |
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Additional Details:
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- The property
is
leased.
- The owner
is
willing to train/assist the new owner.
- The owner
is not
willing to work for the new owner.
- This
is not
a homebased business opportunity.
- This
is not
a franchise opportunity.
- This
is not
a distressed business or bankruptcy situation.
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