Company Overview
This Latino supermarket was built entirely from scratch and opened in November 2024, featuring fully new facilities, equipment, permits, and commercial build-out. It is strategically located in the fastest-growing Latino area on Florida’s West Coast, serving a diverse community with strong demand for Hispanic, Caribbean, Central American, and South American products.
The area has very limited competition from Latino supermarkets, which strengthens the store’s market position and supports continued sales growth. The supermarket operates daily from 7:00 am to 9:00 pm with a team of 8 employees.
Despite having only a minimal digital presence (basic activity on Instagram and TikTok), the business has achieved projected annual sales of $4.58M, driven by organic growth, demographic trends, and its strategic location.
There is currently no formal marketing or sales infrastructure in place—no website, no catalogs, and no structured advertising campaigns. This represents a clear growth opportunity for a buyer who can implement modern marketing tools, loyalty programs, and community outreach.
The owners invested approximately $810,000 in construction, build-out, equipment, licenses, and permits to bring the store to full operation. They are planning to retire and will provide a 12-week transition period to ensure an orderly handover and operational continuity.
Facility Description
The supermarket operates in a completely new building located in a high-traffic shopping center surrounded by complementary businesses such as medical offices, insurance agencies, restaurants, cafés, a pharmacy, a movie theater, car dealerships, hair salons, and barbershops. This environment helps ensure a steady flow of customers throughout the day.
The store offers a total area of 9,400 sq. ft., fully built out in 2024 with new equipment, electrical and refrigeration systems, and all required commercial permits and licenses.
Key facility details:
Area: 9,400 sq. ft.
Monthly Rent: $12,000
Lease Term: Long-term (20 years)
Parking: Ample customer parking
Condition: Fully new construction and equipment
The estimated $500,000 in inventory is not included in the asking price and will be verified one day before closing.
Industry Information – USA and Florida
In the United States, there are approximately 16,100 Latino or ethnic supermarkets, employing more than 3.55 million workers and generating about $675 billion in annual revenue. The Latino supermarket segment is experiencing rapid expansion, driven by population growth and increasing demand for culturally specific food products.
This segment is growing faster than many traditional grocery categories, as ethnic foods continue to gain mainstream adoption and purchasing power within Hispanic and multicultural communities increases.
Florida—one of the states with the highest concentration of Hispanic/Latino residents—has seen significant market activity in this category. Major chains such as Sedano’s have expanded to 36 locations statewide. Although detailed Florida-specific data is not publicly available, industry reports confirm a consistent rise in demand for ethnic grocery options.
Large supermarket groups, including concepts like Fresco y Más, continue to integrate Latino-focused formats, demonstrating the sector’s strategic importance and long-term growth potential.
Financial Information
The financial figures reflect the 2025 annual projection, based on the store’s actual performance from May through October 2025. The business projects annual sales of $4,581,500 with a COGS of $2,959,500, resulting in a gross margin of 35.4 percent.
Total operating expenses are approximately $666,100, including salaries, payroll taxes, rent, utilities, insurance, maintenance, and general administrative costs. Based on these figures, the supermarket generates an estimated Seller Discretionary Earnings (SDE) of $955,900, representing a 20.9 percent SDE margin.
The asking price for the business is $2,772,000, supported by a 2.90x SDE multiple. The estimated $500,000 in inventory is not included in the asking price and will be adjusted and verified one day prior to closing.
The business operates with 8 employees. The current owners are planning to retire and are offering a 12-week transition period to ensure operational continuity and a smooth handover to the buyer.
