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

PROFILE BBF-44500844

Location:	ON MAIN HIGHWAY IN EXCLUSIVE NEIGHBORHOOD	Food Business Retail\|Food Retail Grocery
Sales Price:	$5,100,000	Down Payment: $5,100,000

Executive Summary

LOCATION, LOCATION, LOCATION! THIS IS AN IDEALY SITUATED NEIGHBORHOOD MARKET OFFERING FULL SERVICE AND A BROAD SELECTION OF GOURMET FOODS AND WINES. DEPARTMENTS INCLUDE A QUALITY BAKERY, GOURMET DELI, FRESH PRODUCE, CUT TO ORDER MEATS AND FRESHLY CAUGHT FISH PLUS AN EXTENSIVE INVENTORY OF PACKAGED FOOD ITEMS ALL WITHIN EASY REACH OF ONE OF FLORIDA'S MOST EXCLUSIVE NEIGHBORHOODS. EXPAND BY ADDING A WEBSITE FOR INTERNET ORDERING, DELIVERY SERVICE OR ADDITIONAL LOCATIONS. ALL EQUIPMENT WELL MAINTAINED.

Business Synopsis
Business Format:	Corporation	Facilities:	FREE STANDING
Established in:	1980	Square Footage:	5877
Years Owned:	30	Lease Expires:	12/31/1999
Employees:	20 FT, 5 PT , 2 Mgrs	Monthly Rental Expense:	$13,335
Reason for Sale:	SELLER RETIRING
Skills Required	GROCERY STORE MANAGEMENT, BUSINESS, MKTG & SALES
Training Provided:	4 weeks

Asset Information (estimated fair market value)
Inventory:	$300,000	Included
Leasehold Improvements:	$240,000	Included
Furniture, Fixtures & Equipment:	$500,000	Included
Real Estate:	$3,000,000	Included
Total Assets Included in Sale:	$4,040,000

Operating History

2009

2008

2007

	Financial Source	Tax Return	Tax Return	Tax Return
	Gross Sales	$3,469,566	$3,781,685	$3,831,170
	Gross Profit	$1,528,429	$1,686,075	$1,698,004
	Discretionary Earnings *	$505,442	$574,849	$545,670
* 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