International Marketplace, Grocery

International Marketplace, Grocery

Diverse and Steady Revenue Streams

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgIndiananapolis
Listing Number:
 2334

Financial Information

Asking Price: $249,000
Real Estate: Leased
Gross Revenues: $835,392
Cash Flow: $103,261

Business Description

This international marketplace is located in a multi-cultural district of Indianapolis. The business operates an ethnic grocery and housewares store. People travel from all over central Indiana to shop here and buy items that are hard to find elsewhere. The business has long standing relationships with international importers which will be transferred to the new owner.

The owner of this business also subleases space to 5 other separately owned businesses within the facility. This allows customers to purchase a great variety of goods and services all with a single stop. The new owner would take over as landlord to these other businesses and the rent collected from these tenants covers the rent of the entire space.

General Information

Facilities: 18,000 square feet of leased retail space in a multi-cultural district.

Growth & Expansion: The business could be expanded by adding additional products

Employees: 2

Financing: A qualified buyer should be able to obtain SBA financing with 20% down

Support & Training: The seller will provide necessary support and training

Reason Selling: Retirement

Contact Information

Contact: Roger Oberweiser
Phone: 317-333-6655 x 103

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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