Where Quality Meets Freshness: Discover Our Meat Selection!
| Asking Price: | $3,979,000 |
| Gross Revenue: | $1,112,919 |
| FF&E: | $400,000 |
| Established Year: | 2005 |
| Cash Flow: | $164,275 |
| Inventory: | $130,000 |
| Real Estate: | $3,129,000 |
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-476922
This Meat Market and Grocery store was established in 2005 in the central part of Corpus Christi.
After growing the business year over year for 10 years, the seller decided to relocate the business to a growing part of Corpus Christi closer to numerous new neighborhoods. The previous location was housed in a leased 2,700 square foot facility and moved the renamed business to a new building of 4,994 square feet. The seller owns the new facility along with 6 additional rental units in the same strip center. All units are part of the sale. Of the six rental units, 3 have tenants at an average lease of$1,900 per month triple net.
The sales price for this turnkey operation is $850,000 for the business and $3,129,000 for the real estate. The real estate purchase includes the 4,995 square foot building and 6 rental units of 1,012 square feet each, and the common areas of the strip center. Sales in 2023 for this business were $1,112,919 which was an increase of 18% over 2022 sales. This is an asset sale that includes $400,000 in FFE, $600,000 in tenant improvements, and $130,000 in saleable inventory. A drawing of the real estate is available in the Business History of the CIM.
