Established African and Caribbean grocery store for sale
Business Description
Global Star Market is an African and Caribbean grocery store in Murfreesboro that was started in 2020 from our garage and has grown into a current grocery space of 3600sf. We have a strong and loyal customer base and continues to grow. Currently, our monthly gross revenue is $65000. We also have a strong supplier network and good relationship with suppliers. We just installed a brand new 21'x8' glass door merchandising walk-in freezer where customers shop from and stores frozen food as well. This business is already doing well and all ground work has been done. We will offer a 2 month of training and a one month of remote support as needed.
About the Business
- Years in Operation
- 5
- Employees
- 3 (2 Full-time, 1 Part-time)
- Facilities & Assets
- Sale includes a brand new 21x8ft walk-in glass door merchandiser valuing 40k, gondola shelving, register and brand new checkout counter that can hold 2 registers and avantco reach-in cooler.
- Market Outlook / Competition
- Market condition is looking good and business is great. My business is the only African grocery store in Murfreesboro, TN. We continue to get new customers everyday as Murfreesboro continues to grow.
- Opportunities for Growth
- Our business continues to grow. Another growth area is that, the new owner has the option to add an African and Caribbean restaurant to the store as there's none in the area and customers continue to ask if we will do that in the future. The current grocery space is big enough to add a restaurant.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,600
- Rent
- $6,125.00 per month
- Lease Expiration
- 7/2/2034
About the Sale
- Seller Motivation
- My wife and I have developed an interest for something else after 5 years.
- Transition Support
- After purchase, owner will offer a 2 month free training and introduce buyer to all existing suppliers
- Financing Options
- None
Listing Info
- ID
- 2428225
- Listing Views
Listing ID: 2428225 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. See our full Terms of Use. Learn how to avoid scams.
Similar Listings
