Rare Supermarket for SALE Hampton
Business Description
Rare Supermarket Opportunity in High-Traffic Hampton Location
This established grocery store presents an exceptional opportunity in Hampton, VA, strategically positioned on a busy boulevard with 60,000 vehicles per day traffic count. The business occupies a prime hard corner location with a substantial 70-car parking lot, maximizing visibility and customer accessibility.
Business Overview:
- Established: 2023
- Building Size: 13,000 square feet
- Current Staff: 4 employees
- Monthly Lease: $8,500 (expires 12/31/2034)
- Asking Price: $420,000 (inventory included)
- First option to purchase lease available
Revenue Streams:
The operation generates income from multiple sources including traditional grocery sales, food service, truck services, and an on-site car wash, creating diversified revenue opportunities.
Operational Advantages:
- Fully built-out facility ready for immediate operation
- Established vendor and distributor relationships with major suppliers
- No direct competition in the immediate area
- Absentee owner operation demonstrating strong systems
- Affordable lease rate for premium location
Growth Potential:
Significant expansion opportunities exist to operate as a cash-and-carry business model, potentially increasing margins and customer base. The high-traffic location and substantial parking capacity support increased volume.
Support Included:
Seller provides one month of transition support and will transfer all established vendor accounts and distributor relationships to ensure seamless operations.
This turnkey opportunity offers an investor the chance to acquire a strategically located grocery business with multiple income streams, established operations, and significant growth potential in a market with minimal direct competition.
This established grocery store presents an exceptional opportunity in Hampton, VA, strategically positioned on a busy boulevard with 60,000 vehicles per day traffic count. The business occupies a prime hard corner location with a substantial 70-car parking lot, maximizing visibility and customer accessibility.
Business Overview:
- Established: 2023
- Building Size: 13,000 square feet
- Current Staff: 4 employees
- Monthly Lease: $8,500 (expires 12/31/2034)
- Asking Price: $420,000 (inventory included)
- First option to purchase lease available
Revenue Streams:
The operation generates income from multiple sources including traditional grocery sales, food service, truck services, and an on-site car wash, creating diversified revenue opportunities.
Operational Advantages:
- Fully built-out facility ready for immediate operation
- Established vendor and distributor relationships with major suppliers
- No direct competition in the immediate area
- Absentee owner operation demonstrating strong systems
- Affordable lease rate for premium location
Growth Potential:
Significant expansion opportunities exist to operate as a cash-and-carry business model, potentially increasing margins and customer base. The high-traffic location and substantial parking capacity support increased volume.
Support Included:
Seller provides one month of transition support and will transfer all established vendor accounts and distributor relationships to ensure seamless operations.
This turnkey opportunity offers an investor the chance to acquire a strategically located grocery business with multiple income streams, established operations, and significant growth potential in a market with minimal direct competition.
About the Business
- Years in Operation
- 2
- Number of Employees
- 4
- Facilities & Assets
- Fully equipped
This established market comes fully outfitted with essential equipment for meat, seafood, and grocery operations, making it an excellent turnkey opportunity. The property incl
Meat Department: Dedicated meat prep and service area with its own cooler.
Cold Storage: One walk-in freezer and one walk-in refrigerator.
Display & Retail Equipment: Five open-case coolers ideal for fresh produce, dairy, or beverages, plus a 15-door freezer for frozen products. The market is already zoned and approved by the city to obtain a live poultry license, - Market Outlook / Competition
- No competition around at all
- Opportunities for Growth
- Can be operated as a Cash And Carry
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 13,000
- Rent
- $8,500.00 per month
- Lease Expiration
- 12/31/2034
About the Sale
- Seller Motivation
- Absentee owner
- Transition Support
- 1 month support, and already has established accounts with major vendors and distributors
- Financing Options
- First option to buy on the lease
Listing Info
- ID
- 2408220
- Listing Views
- 179
Listing ID: 2408220 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.