Supermarket -Bakery,Meat,Grocery,Frozen,Beer/Wine

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Well Known Close to Phoenix location
Asking Price:
$2,393,700

Gross Revenue:
$5,000,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$251,000
not included in asking price

FF&E:
$543,700
included in asking price

Real Estate:
$1,850,000
included in asking price

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Business Description

This full service, full size supermarket has been servicing this rural community within an hour drive of greater Phoenix Arizona. Full service departments include meat department where they provide specialty cuts, special orders and a full inventory line of beef, poultry, pork and more; The produce department features a wide variety of fruits and vegetables as well as prepared and packaged products; The bakery provides made to order cakes, sandwiches, party platters and many name brand baked goods; The grocery department provides dairy, dry goods, household items, frozen foods, non-alcohol beverages; The adult beverage area operates with a series 10 liquor license allowing them to offer a complete line of wine and beer in a wide price range. Other services include check cashing, money orders, lottery sales, gift cards, phone cards and carpet cleaning rental equipment. The store’s customers and employees benefit from the Company’s commitment to quality. Like most other large supermarkets they are open seven days per week. Price includes real estate

About the Business

Year Established:
1963
Number of Employees:
31
Real Estate:
Owned
Building Sq. Ft.:
16,000
Facilities:
Located in Arizona’s sun corridor amongst the spectacular saguaro cactus and beautiful Sonoran Desert this store serves a thriving year round population plus a sizable visitor population. Conveniently located right off the major highways through the area, the Company’s ±16,000 of store space has easy access, good visibility, and is in close proximity to area’s city center. The overall real property size is ±5 acres most of which is finished, striped asphalt providing plenty of well lighted parking with adjacent unimproved (owned) land for expansion.
Market Outlook/
Competition:
They remain competitively priced even though the local corporate competitors have much greater purchasing power……along with much greater overhead and corporate expense. They have maintained revenue despite the presence of the industry “big boys”. In general the industry is fiercely competitive as the consumer is given more choices such as on line purchasing and home delivery. However, the fact remains that they are a major facility in their market place and they proudly thank their customers for spending their hard earned food dollars with a locally owned and operated business.
Growth & Expansion:
Stronger online presence; Develop curbside pickup and perhaps home delivery. Adjacent owned un-improved land for parking expansion.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
As Needed

Listing Info

ID:
1559742
Ad Detail Views:
190

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Business Listed by

Dave Long

Arizona Business Sales & Acquisitions
License# BR530350000

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U.S. Census Data for Maricopa and Pinal Counties, AZ
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 Maricopa and Pinal Counties, AZ
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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