Grocery and food market
Business Description
Established Grocery and Food Market - Lima, Ohio
This well-established grocery and food market presents an exceptional opportunity for an owner-operator seeking a profitable, turnkey business in Lima, Ohio. Operating successfully for 15 years, this neighborhood staple has built a loyal local customer base and maintains strong community recognition.
Business Overview:
The 2,800 square foot facility features a comprehensive grocery operation with a newly installed commercial kitchen ready for immediate food service expansion. Current offerings include grocery items, beer, wine, lottery services, coffee, and vape products, providing multiple revenue streams and convenience shopping for the local community.
Financial Performance:
- Annual Revenue: $500,000
- Cash Flow (SDE): $300,000
- Strong 60% cash flow margin demonstrates excellent operational efficiency
- Established customer base provides consistent revenue stability
Key Assets:
- Real estate included in sale (valued at $100,000)
- FF&E valued at $30,000
- Current inventory valued at $40,000
- Drive-through window for customer convenience
- New commercial kitchen with significant expansion potential
Location Advantages:
Strategically positioned in Lima, Allen County, this location benefits from high visibility and established foot traffic patterns. The drive-through capability adds convenience and competitive advantage in the local market.
Growth Opportunities:
The newly installed kitchen opens possibilities for prepared food services, catering, or expanded hot food offerings. The established customer relationships and prime location provide a solid foundation for revenue growth initiatives.
This turnkey operation offers new owners an opportunity to step into a profitable business with minimal transition period, backed by years of community presence and operational success.
Asking Price: $350,000
This well-established grocery and food market presents an exceptional opportunity for an owner-operator seeking a profitable, turnkey business in Lima, Ohio. Operating successfully for 15 years, this neighborhood staple has built a loyal local customer base and maintains strong community recognition.
Business Overview:
The 2,800 square foot facility features a comprehensive grocery operation with a newly installed commercial kitchen ready for immediate food service expansion. Current offerings include grocery items, beer, wine, lottery services, coffee, and vape products, providing multiple revenue streams and convenience shopping for the local community.
Financial Performance:
- Annual Revenue: $500,000
- Cash Flow (SDE): $300,000
- Strong 60% cash flow margin demonstrates excellent operational efficiency
- Established customer base provides consistent revenue stability
Key Assets:
- Real estate included in sale (valued at $100,000)
- FF&E valued at $30,000
- Current inventory valued at $40,000
- Drive-through window for customer convenience
- New commercial kitchen with significant expansion potential
Location Advantages:
Strategically positioned in Lima, Allen County, this location benefits from high visibility and established foot traffic patterns. The drive-through capability adds convenience and competitive advantage in the local market.
Growth Opportunities:
The newly installed kitchen opens possibilities for prepared food services, catering, or expanded hot food offerings. The established customer relationships and prime location provide a solid foundation for revenue growth initiatives.
This turnkey operation offers new owners an opportunity to step into a profitable business with minimal transition period, backed by years of community presence and operational success.
Asking Price: $350,000
About the Business
- Employees
- 4 (3 Full-time, 1 Part-time)
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,800
About the Sale
- Financing Options
- None
Listing Info
- ID
- 2473994
- Listing Views
- 14
Listing ID: 2473994 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.
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