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Established and Profitable International Grocery for Sale

South Salt Lake, UT (Salt Lake County)

Established and Profitable International Grocery for Sale
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Asking Price: $75,000

Cash Flow: $65,000

Gross Revenue: $192,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,210 /Month

Established: 2003

Established and Profitable International Grocery for Sale

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Business Description

Middle Eastern, Russian, Armenian & Turkish Groceries, Pastries, Deli

20 year loyal customer base, 20 year relationship with product warehouses, all systems to operate business are in place, product shipment of fresh products received weekly. Great location on State St. in the Heart of the City, Minutes from Downtown, Near new housing establishments, located in a popular shopping center. Very Low Rent, Ideal location, Huge Parking Lot, No surrounding competition in local area, Business for sale as is with all equipment and inventory. Business is currently on a monthly lease. Room for Price Negotiation.

Detailed Information

Location:
South Salt Lake, UT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
2
Facilities:
All equipment and inventory included (Food/Groceries, Fridges, Freezers, Displays, Cash register, Meat slicers, Coffee grinder, Scales, etc).
Competition:
No Surrounding Competition. Solid Customer Base for 20 years, Prime location for this type of business, easy access, freeway close to store, minutes from downtown, close to new housing establishments.
Growth & Expansion:
Lots of room for Growth and Expansion. Room to add Deli/Sandwich option (have a fridge for Deli items) Room for increasing products supply in store.
Support & Training:
All systems in place, will train new owner and introduce/set up communication with all suppliers/warehouses for products to be shipped.
Reason for Selling:
Retirement
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Business Listed By:
Elizabeth Karchyan

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