Turn Key Grocery Store with all the Extras
| Asking Price: | $120,000 | Inventory: | $60,000 ** |
| Gross Revenue: | $360,000 | Real Estate: | $325,000 ** |
| Cash Flow: | $18,000 | FF&E: | $85,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Grocery of 5,023 sq. ft. store with Lottery, Money Orders, Check Cashing, bill payment, money gram service, and ATM. Easily operates with 3 employees. This store is centrally located in a neighborhood setting that benefit from walk-in clientele. Licensed for Sunday beer sales. Produce, meat, dairy, frozen foods, beer, wine, deli, snacks are the additional store departments. Stock room and meat locker.
About the Business
Year Established:1973
Employees:3 full time -
Facilities:Store mechanicals and equipment have had extensive upgrading. Easy ingress and egress with off street parking. Located on a busy street and surrounded by a well established neighborhood. All equipment, fixtures and furniture that are required to operate this market are included in the purchase price. Shelving and racks for the store is extensive. Meet display coolers, beverage coolers, dairy, and produce coolers all have been updated with new compressors.
Market Outlook and Competition:One other grocery store in the area. The new owner can be very creative to create their position in this community by taking advantage of the suggested ways to improve this business. This turnkey operation is a great opportunity for a new owner, or an experienced business owner looking to expand, with many ways to grow the business, to increase the profit. This store has seen very profitable times. There is a vacant apartment with half bath upstairs that could be used by the new owner. Buyer will take advantage of new compressors for all coolers
About the Sale
Management Training and Support:Current owner is willing to stay, for an agreed to amount of time, to assist in the transition period.
Reason For Selling:The owner owns and operates other businesses and is trying to downsize to achieve more family time. Partner that was to operate this store left, leaving the owner without management help.
KEYWORDS: Grocery, Market, Deli, Beer, Wine, Lottery, Grocery Store, Snacks, Dairy, Frozen Food
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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