Est. Local Grocery/Deli/Bakery & Butcher Shop

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Asking Price:
$195,000

Gross Revenue:
$1,659,416
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$165,000
included in asking price

FF&E:
$30,000
included in asking price

Real Estate:
$795,000
not included in asking price

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Business Description

A family owned and operated Grocery Store in the Shenandoah Valley that has been in the community for 30 years. The store carries household grocery items, a butchery as well as a deli/bakery inside. There are no other grocery stores located within the same zip code and it is in close proximity to major highways with strong traffic counts. This will be an asset sale. The option to purchase the Real Estate is a possibility.

About the Business

Year Established:
1984
Number of Employees:
2 FT/20 PT
Real Estate:
Owned
Building Sq. Ft.:
10,500
Facilities:
The Grocery operates out of a 10,500 square feet facility and is part of a strip center that houses several other businesses. The facility is well equipped with cold storage and warehouse space and a large retail display area. The location of the store is ideal for the area.
Market Outlook/
Competition:
The store is the only Grocery store located within its zip code. There is a Dollar General located in close proximity to the store. There is some repetition of product between the two stores however the Grocery store has a much broader selection of product and was well established prior to Dollar General coming into town.
Growth & Expansion:
The County where the store is located is pushing hard to develop more business in and around the store's location. The town has been a popular location for many residents because of its strategic location in the region. There are many large businesses and educational facilities located within minutes of the store's location.
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About the Sale

Reason For Selling:
The current owners are looking to retire.
Training/Support:
Will train for 4 weeks @ no cost.

Listing Info

ID:
1312264
Ad Detail Views:
545

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Business Listed by

Dick Halterman CPA

Murphy Business & Financial Corporation

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U.S. Census Data for Augusta County, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Augusta County, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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