Independent Grocery Store - Well Established and Profitable Since 1975

GA

Independent Grocery Store - Well Established and Profitable Since 1975
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Asking Price: $750,000

Cash Flow: $209,478

Gross Revenue: $5,919,677

EBITDA: N/A

FF&E: $300,000

Inventory: $300,000

Established: 1975

Independent Grocery Store - Well Established and Profitable Since 1975

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Business Description

This grocery store has been a staple in the community since 1975. The current owner purchased the store in 1989, and he is ready to retire, and transition the business to a new owner. The customer base is a diverse mix of people from all corners of the globe. There are approximately 60 vendors, and 13,000 sku's that are on the shelves.
There are currently 2 Store Managers that handle the day to day operations of the business. The owner works about 30 hours per week and orders groceries and helps receive merchandise.
THE STORE DOES A SIGNIFICANT WIC BUSINESS THROUGH THE STATE OF GEORGIA. IT WOULD BE IDEAL IF THE BUYER OF THIS STORE ALREADY HAD A WIC LICENSE, AS IT WOULD BE EASIER TO OBTAIN A WIC LICENSE FOR THIS STORE.
For additional information regarding this unique opportunity please contact Mark Werbalowsky at 404-277-3400, or at mwerb@sunbeltatlanta.com.

Detailed Information

Inventory:
Included in asking price
Employees:
11 FT & 24 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from a leased 15,800 sq. ft. space.
Competition:
There are many competitors but this store's reputation for selection, quality, price, and service keeps customers coming back.
Growth & Expansion:
The business could be expanded by adding a social media plan, digital coupons, curbside pick up, bill paying, money orders, and lottery sales.
Support & Training:
The Seller will agree to a reasonable training and transition plan.
Reason for Selling:
retirement
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Contact the Seller

(from currently available funds)
 
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Mark Werbalowsky

Business Listed By:
Mark Werbalowsky

Sunbelt Business Brokers

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Sponsoring Broker:
Doreen Morgan

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