Absentee! Profitable European Grocery - Recently Tripled Revenue!

King County, WA

Seller Financing Available
European Market for Sale
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Asking Price: $270,000

Cash Flow: N/A

Gross Revenue: $720,000

EBITDA: N/A

FF&E: N/A

Inventory: $22,000*

Rent: $4,875 /Month

Established: 2013

*not included in asking price.

Absentee! Profitable European Grocery - Recently Tripled Revenue!

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Business Description

This specialty grocery store has been discovered by fans of european import foods and recently grown to 3X its previous revenues when the owner bought it. The nearby residents have a high target concentration within walking distance who shop here regularly and the area is only growing.

This is a great absentee business. The current owner spends only a couple of hours a week on it.

The grocery now has great employees, excellent service, selection, fresh foods and a deli department with kitchen and walk-in cooler. Brand new addition of space for customer seating or convert this space to shelving for an expanded selection of products. Renowned bread recipe in the deli draws regulars.

The grocer recently introduced gift baskets and the baskets/candy sales alone were $15,000 in December alone.

Located south of Seattle in a high-traffic strip mall in an ethnic grocery marketplace, this location is positioned to capture European specialty shoppers within a multi-cultural area.

The Store Manager handles the day-to-day operation such as inventory ordering and staffing -- perfect for the absentee owner.

Expand with more bakery goods, fresh crepe service, coffee/tea service or gift shop.

Detailed Information

Location:
King County, WA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,210
Lease Expiration:
N/A
Employees:
3
Facilities:
Store inside a high-traffic store
Support & Training:
As needed for buyer. Negotiated as part of closing
Reason for Selling:
Owner focusing on his other business
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Kris Fuehr

Business Listed By:
Kris Fuehr

Paulson Exchange

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