Hot Listing
Well established supermarket-turnkey operation
Business Description
25+ years in operation
The business is a full scale supermarket located in Christiansted, US Virgin Islands, USA.
- Supermarket is a turnkey operation with all departments in place including a management team and well-established over 25 years. featuring all departments; grocery, dairy, produce, fresh meats and poultry, deli, frozen food, liquor beer and wine, tobacco, and non food essentials.
- The business boasts a high daily footfall, with a customer base of 550-650 individuals.
- Inventory procurement is streamlined, with weekly shipments from Miami, ensuring consistent and convenient restocking of products.
- Company's assets include well-maintained equipment and refrigeration facilities, contributing to operational efficiency and cost-effectiveness. 100 KW net metering solar system in place that saves 40% of the utility bill. 300KW standby generator with an automatic transfer switch for emergency outages.
- Company is registered with a business license and does not need any other approvals to operate.
- Supermarket is a turnkey operation with all departments in place including a management team and well-established over 25 years. featuring all departments; grocery, dairy, produce, fresh meats and poultry, deli, frozen food, liquor beer and wine, tobacco, and non food essentials.
- The business boasts a high daily footfall, with a customer base of 550-650 individuals.
- Inventory procurement is streamlined, with weekly shipments from Miami, ensuring consistent and convenient restocking of products.
- Company's assets include well-maintained equipment and refrigeration facilities, contributing to operational efficiency and cost-effectiveness. 100 KW net metering solar system in place that saves 40% of the utility bill. 300KW standby generator with an automatic transfer switch for emergency outages.
- Company is registered with a business license and does not need any other approvals to operate.
About the Business
- Years in Operation
- 26
- Employees
- 24
- Facilities & Assets
- tangible assets:
- Refrigeration equipment in the warehouse and the showroom, walk in coolers and freezers, displays, racks, shelves, and warehouse setup worth $4 million.
- AC’s, CCTV cameras, billing machines, PCs, lighting, interior design, and infrastructure worth $1 million.
customer base and a well-reputed brand name.
Facilities Overview
We operate out of an owned 17,800 sq ft facility.
We have 8,000 sq ft of retail space and 9,800 sq ft of warehouse space.
Inventory is not included in the sale price and will have to be paid for separately. - Opportunities for Growth
- Big room for growth by adding new inventory and new departments.
About the Sale
- Seller Motivation
- Owner retiring
- Transition Support
- Owner will stay for one month to train and support. Full management team is in place already and can remain there if the new owner want to.
Listing Info
- ID
- 2378300
- Listing Views
- 1270
Listing ID: 2378300 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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