567917-BK AWESOME OPPORTUNITY Country Store In busy Location

Halifax County, NC

Seller Financing Available
567917-BK AWESOME OPPORTUNITY Country Store In busy Location
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Asking Price: $295,000

Cash Flow: $90,000

Gross Revenue: $1,286,954

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2013

567917-BK AWESOME OPPORTUNITY Country Store In busy Location

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Business Description

This established grocery store with over 6,000 sqft has no competition in town and the closest big box in 15 miles away, and this allows for bigger margins. Fantastic butcher shop and local produce brings in the customers. Over $1,000,000 in 2018 sales with $300,000 free cash flow. Huge parking lot, and low rent!

Owner must sell! BRING ALL OFFERS!!!

Detailed Information

Facilities:
This full service grocery store has been in business for over 30-years with current owners for last 5-years. This business offers a convenient location for local shoppers, but is also very visible as it is located on the main road through town. With a very large parking lot and flat entrance, customers have easy access to the store.
Competition:
The store’s sales are driven by a wide selection of butchered meats and local produce not found at the national chains. This is a very clean supermarket with loyal shoppers from a growing residential community within the heart of Halifax County. This store serves the entire population of its surrounding area.
Growth & Expansion:
The current owner does very little advertising. By adding a small amount of local media and social media advertising additional customers could be attracted. Also the street in front of the store is very busy and portable sign featuring specials would attract new customers. The addition of prepared “to go” foods such as hoagies, fried chicken, or box lunches would also help attract new business. Finally, with such a large parking lot, a new owner could create local events such as a farmers market day, antique car shows, and swap meets to generate additional revenue and visibility.
Financing:
100000.00
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

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Bill Kelly

Business Listed By:
Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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