$380,000

About this property

Established neighborhood grocery store of 2,000 Sqft with over 10 years of successful operation, strategically located on busy W Oakland Park Blvd in Fort Lauderdale. This high-visibility corridor sees approximately 58,000–61,500 vehicles passing daily, providing constant exposure and steady walk-in traffic. The business generates over half milliomn annual sales and includes multiple profit centers. It holds a Wine & Beer License and offers Florida Lottery, which other extra income. The store benefits from low rent of $2,800 monthly with a secure 3-year lease and renewal options,, providing long-term stability for the next owner. Currently family-operated, the business runs efficiently and could also be transitioned into a semi-absentee operation with the right management structure. It has strong supplier relationships and a loyal, consistent neighborhood customer base developed over more than a decade. Area Demographics (approx.):1-mile radius: ~14,933 residents, median household income ~$69,400. 3-mile radius: ~169,994 residents with median household income ~$61,402. Reason for Sale: Owner is retiring from the retail business.