The property is for sale along with the business and sits on approximately 2.5 acres with ample room to expand the building or to build out parcels for additional income. The town is in much need of a liquor store and the village has approved permitting for this market location. This is an important rural community with tremendous current growth outside a radius of 10 miles from this supermarket and a great opportunity for additional business development. There are additional single-family homes developments within a 5-mile radius of this market that are in the approval stages. In 2004, The University of South Florida Polytechnic approved a development of a new campus located within five miles of this market that includes academic administration, student housing, and sport facility with over 500 acres to expand this campus. This community, surrounded by lakes, is a very quite area of the state. There are varieties of seasonal residents (snowbirds) that spend their winter months in this market area because of the close proximity of the large metropolitan cities that are all within 25 miles. This includes the world famous Walt Disney World attractions and resorts. Both the Atlantic Ocean and the Gulf of Mexico are within 70 miles from Polk City.
Facilities
This Market is a 10,000 square foot store with an adjacent 18,000 square foot un-developed parcel sitting on a total 2.53 acres of land with an extremely large parking area. The sales area of the Market is approximately 7,860 square feet and 3,200 square feet of backroom and storage space. A well-kept, fully fixtured and equipped Supermarket has had its refrigerated cases and operating system upgraded in 2008. This market has 36ft of multi-deck fresh meat cases, 8ft of lunch meats, 8ft of smoked meats, 48ft of produce, 48ft of dairy, 19 doors of frozen
Competition / Market Pros and Cons
This well-established, award winning, well-kept supermarket has served its small community for more than 19 years. This store has a full line of groceries, meat, produce, health and beauty care and general merchandise as well as a fully equipped delicatessen, and barbeque pit. They added a large customer service center for secure merchandise as well as to provide additional services for their customers. This supermarket is located in the small Central Florida town serrving a mixed clientele with a strong customer base since 1990.
Growth / Expansion Pros and Cons
This market has a history of strong sales and profitability when operated properly. The previous owners bought this market in 2000, along with three other supermarkets, and were very successful with this store but the financial partner began to drain the markets of their cash in order to support several of his manufacturing business located outside the state. This market closed in Feb. of 2007. The present owners upgraded the equipment & fixtures in July of 2008 including all the refrigerated cases, installed two air conditioners and reopened in 2008
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