352077-RP Ethnic Grocery and Halal Meat store

Henrico County, VA

Seller Financing Available
352077-RP Ethnic Grocery and Halal Meat store
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Asking Price: $199,000

Cash Flow: $50,000

Gross Revenue: $1,700,000

EBITDA: N/A

FF&E: $150,000

Inventory: $100,000*

Rent: $8,252 /Month

Established: 2013

*not included in asking price.

352077-RP Ethnic Grocery and Halal Meat store

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Business Description

This is great opportunity to own one of the most successful ethnic supermarkets in Glen Allen, Virginia. This 6100 sqft free-standing building, sitting on major street with very heavy traffic. It has a huge parking for employees and customers
This supermarket is in a good neighborhood and loyal customers. They have good selection of grocery, meat, bakery and very successful Halal meat section.
• The store operates on a long-term lease.
• The present owner is willing to train the new owner.
• The annual revenue is $1.7 Million and growing year over year!
• The monthly rent is 8,000 for this prime location!
• Currently they have 5 full time and 4 part time employees.
• It operates 10 am- 9 pm, 7 days a week.
• current long-term lease.
• Landmark Signage on very busy road.
This store serves the entire population of its surrounding area, but focuses on customers looking for snacks and related items. Growth rates in customers match the population growth of the surrounding area.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,100
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
100000.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Contact the Seller

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Raj Prasad

Business Listed By:
Raj Prasad

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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