Business for sale at www.bizbrokersfl.com: Food Business Retail|Food Retail Grocery

PROFILE 417-35210541

Location:	Central Palm Beach County	Food Business Retail\|Food Retail Grocery
Sales Price:	$2,500,000	Down Payment: $2,000,000

Executive Summary

A totally unique ethnic food store that is a 'niche market within a niche market!' Current owner has developed future marketing plans to expand this concept further. Owner will stay to manage under 'right conditions' Good books and records. Please pre-qualified buyers only!

Business Synopsis
Business Format:	S Corp	Facilities:	Strip
Established in:	1996	Square Footage:	9432
Years Owned:	14	Lease Expires:	5/23/2012
Employees:	18 FT, 15 PT , 3 Mgrs	Monthly Rental Expense:	$12,012
Reason for Sale:	RETIREMENT
Skills Required	Wine&Beer
Training Provided:	4 weeks

Asset Information (estimated fair market value)
Inventory:	$110,506	Included
Leasehold Improvements:	$175,021	Not Included
Furniture, Fixtures & Equipment:	$135,390	Included
Total Assets Included in Sale:	$245,896

Operating History

2009

	Financial Source	Owner to Prove
	Gross Sales	$3,920,369
	Gross Profit	$1,253,239
	Discretionary Earnings *	$604,903
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.

DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.

COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL 33131-2945