SG 9994 Ohio Cleveland Mentor Supermarket with Income Producing Property

Ohio Cleveland Mentor Supermarket

Business and Income Producing Property for sale

ABSENTEE SELLER 

E2- EB5 Visa Qualified

$350,000 Plus Inventory for Ohio Cleveland Mentor Supermarket Business Only.  Property can be purchased for additional $700,000.  Property includes 4 units leased for additional income of $5500.00 per month.  $120,000 – $130,000 average merchandise sales per month with higher margins of profits.  Profitable operation.   Long term lease.  Great location on a major road surrounded with lots of roof tops and Apartment buildings in the immediate areas.  Popular business.  Established business with lots of repeat customers and lots of loyalties.  Plenty of parking.  SBA Approved business and Property.  Additional income from Lottery, ATM, Cigarettes and other rebates and commissions.  Motivated ABSENTEE Seller looking to make the right deal with the right hands on owner operator or a family.  Lots of strong employees can remain with the buyer.  Great opportunity for the right owner operator. Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at www.salehgroup.com

• SG Number: SG 9994
• Business Type: Supermarket, Convenience Store
• Business Name: SG 9994 Ohio Cleveland Mentor Supermarket
• Listing Price: $350,000 plus inventory for Business.  Property additional $700,000
• Down Payment: Negotiable
• Proposed Seller Financing Availability: Seller to Assist with Financing
• Inventory Value: $150,000 +/-
• Annual Gross Sales:  Over $1,500,000
• Annual Owner Profits:  Over $265,000 including manager salary
• Monthly Rent/Mortgage Payment: $4000
• Seller Competition: Seller to Sign a Non-compete Agreement
• Years Seller has Owned/Operated Business: 2019
• Owner Qualifications: Experience Needed but Not Required
• Reason for Selling: Seller Downsizing
• # of Employees/Management: 1 FT 9 PT 1 M
• Hours of Operation: 9:00 AM to 9:00 PM
• Building Size/Type: 10,000 SF Stand Alone Building and another 4 units totalling 10,000 SF and total building size aproximetly 20,000 SF
• Training Provided: 2 weeks at no cost to buyer
• State: Ohio
• Country: U.S.A.