Established Asian Grocery Store in Twin City Metro

Minneapolis, MN
Asking Price:$169,000
Gross Revenue:$520,000
Rent:$6,200/Month
FF&E:$60,000
Cash Flow:$83,000
Inventory:$105,000
EBITDA:$40,000
Established Year:2012
BUSINESS DESCRIPTION

10 year old profitable business - owner manages on a part time basis

Located in the heart of Bloomington Minnesota, the store occupies 2900 square feet in a busy shopping plaza. It is established with a large regular customer base and a list of both local and out-of-town wholesale suppliers. The business hard assets include a commercial kitchen for deli food preparation, 2 large freezer and refrigerator storages, multiple large & small freezers and refrigerators as retail display units. Great opportunity for a capable new owner to grow and expand the business.


DETAILED INFORMATION
Location
Minneapolis, MN
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,900
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Limited competitions within 5 mile radius.
Support & Training
Seller will provide training and support to ensure smooth business transition.
Reason for Selling
Seller is lack of time and energy to manage multiple businesses
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Business Listed By:
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Listed By: Not Disclosed