High Volume Absentee-Operated Grocery Store in Waynesville, OH!

Asking Price$299,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,560,000

InventoryNot Disclosed

FF&ENot Disclosed

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High Volume Absentee-Operated Grocery Store in Waynesville, OH!


Asking Price$299,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,560,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Key Financials:

$130K+ Monthly Inside Sales | Established Neighborhood Market | Owner-Operator Upside

Inside Sales are currently averaging over $130,000 per month!

Absentee-Operated! Seller cannot manage remotely and is looking to sell! Current Seller has a full-time job and cannot manage the store remotely.

The store previously generated over $200,000 in monthly sales when it was originally owner-operated. Great opportunity for a new operator to take over and generate significantly more!

Current owner has a full-time job and cannot manage the store remotely.

Lottery Commission is $830 per month! ATM, Bitcoin, and POP vending machine commission is a combined $700 per month!

Rebates generate approximately $2,000 per month in additional income!

Net profit is currently nearly $9,000 per month AFTER paying $13,250 in Payroll, rent, and all other expenses! Owner-Operator can reduce management payroll burden and take home over $15,000 per month!

Rent is $6,000 NNN per month with 3 years remaining on the lease and THREE additional 5-year renewal options! Total 18 years remaining on the lease if Buyer exercises all renewals!

Excellent opportunity to acquire an established neighborhood grocery store serving the growing Waynesville community!

Store Information:

Store area is 8,541 SF!

Strong brand value with a 4.2+ star rating!

Established community grocery store with a loyal customer base.

Store is only open 15 hours per day! Increase the hours and generate more sales!

Located within the Village of Waynesville, one of Southwest Ohio's most desirable and steadily growing communities!

Demographic and Geographic Details:

Average traffic count of 7,808 vehicles passing by daily!

Population is growing at a steady rate of 4.3% per year!

Median household income is $89k within 3 miles and $101k within 5 miles!

The location serves as a convenient grocery option for nearby households, seniors, local employees, school traffic, and customers who prefer a close-to-home alternative to larger grocery trips in surrounding suburban retail corridors.

Near K-12 Schools including Waynesville Elementary School, Waynesville Middle School, and Waynesville High School, collectively serving more than 1,500 students and faculty!

Nearby Colleges include Sinclair Community College, Wright State University, the University of Dayton, and Wilmington College, collectively serving more than 55,000 students throughout the Dayton and Southwest Ohio region!

Close proximity to restaurants such as Stone House Tavern, Village Family Restaurant, Bentino’s Pizza, McDonald’s, Hammel House Inn, Taylor’s Coffee & Creamery, and numerous local dining establishments throughout Waynesville!

Surrounded by residential neighborhoods and nearby rental communities, including Quaker Heights, Carriage Hill Retirement Community, and additional housing throughout the Waynesville, Springboro, Centerville, and Lebanon area!

Near the Ohio Renaissance Festival, which attracts more than 350,000 visitors annually, generating tremendous seasonal traffic for local businesses!

Approximately 5 miles from Caesar Creek State Park, attracting thousands of outdoor enthusiasts year-round!

Less than 5 minutes from Downtown Waynesville! Approximately 15 minutes from Springboro and Lebanon, OH! 30 minutes from Dayton and Mason, OH! Approximately 1 hour from Cincinnati and Columbus-area access!

Asking Price for Business-Only is $299,000 plus inventory! Inventory is estimated to be approximately $160,000 at cost.
About the Business
Website
https://riverbrokers.com/
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,541
Rent
$6,000 per month
Listing Info
ID
2529807
Listing Views
20
Business Location

Listing ID: 2529807 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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