Lake Tahoe Resort Community Grocer

South West

Seller Financing Available
Lake Tahoe Resort Community Grocer
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Asking Price: $990,000

Cash Flow: $336,501

Gross Revenue: $4,005,445

EBITDA: N/A

FF&E: $355,285

Inventory: $250,000

Rent: $5,000 /Month

Established: 2002

Lake Tahoe Resort Community Grocer

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Business Description

Be part of a decades-long tradition of neighborhood involvement. When you buy this popular, local, independent, well-established grocery store you will be getting much more than “just” a store! If you want to live and work in an idyllic setting - in a breathtaking Lake Tahoe Mountain community - this could be the opportunity for you. Owner has gone the extra mile for years to ensure their positive customer relationships continue to grow. Owner takes pride in providing a wide variety of organic produce, fresh meats and seafood in a clean setting. In the summers they have a Farmer’s Market, highlighting locally-grown fruits and vegetables. Check out the great weekly specials! Enjoy a conversation with the knowledgeable and friendly staff. Store has special events on a regular basis, including private wine tastings. Something for everyone! The business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
16,000
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16,000+ sf building. Convenient location. Plenty of free parking. Highly-visible and strongly desirable location, next to a variety of other shops and boutiques. Conventional layout, with a specialty meat and seafood department, as well as a coffee shop.
Competition:
This business has carved out a niche market with its attention to detail, and has been able to offer customer service in a way that a larger store may not be able to do. Strong community relationships and pride in ownership have been the foundation of this store – and it shows with a solid, repeat customer base.
Growth & Expansion:
New owner could increase sales by expanding home delivery, as well as establishing relationships with local hotels. Starting a customer loyalty program is another option.
Financing:
Seller will carry with an SBA Loan or a Satisfactory Down Payment
Support & Training:
Two Weeks - Negotiable
Reason for Selling:
Retirement
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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