Established RI Grocery Store
Location:RI
Your Reference ID: 19944
Asking: $1,800,000
Gross: $5,477,439
Cash Flow: $548,601
Furniture, Fixtures & Equipment: $300,000 (Included in Price)
Inventory: $175,000 (Included in Price)
Real Estate: N/A
Established over 15 years ago, this regional grocery store currently achieves over $5M in Revenue.
Delivering market-proven product selection and professional services, the store offers groceries, seafood, poultry, bakery, custom cut fresh meats, deli, prepared foods, fresh produce, gourmet fruit gift baskets, Grab-‘N-Go deli platters and more.
The business is open 7 days a week for customers to shop in-store or order on-line for store pick-up. The store also offers world class catering for all types of celebrations and events in the region.
Located on a main route and at a high traffic location, the store benefits from major tourist activity and seasonal/second home communities to supplement their loyal base of customers.
The facility is leased with over 10,000 square feet and customized with the look and feel of a well-established, successful grocer.
A well-executed plan supports the store’s wide selection of products and key service departments.
Grocery store operators throughout the country may see the opportunity as a strategic acquisition for access to new markets, customers, and sales growth.
The opportunity may be acquired to operate with current store branding, or as a new and different brand entity depending on the needs and goals of the Buyer.
Training & Support:
As needed for a smooth transition.
Reason Selling:
Retirement
