Landmark Food Market #19830

RI

Landmark Food Market #19830
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Asking Price: $1,495,000

Cash Flow: $479,000

Gross Revenue: $4,700,000

EBITDA: N/A

FF&E: $600,000

Inventory: $50,000*

Real Estate: $1,100,000*

Established: N/A

*not included in asking price.

Landmark Food Market #19830

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Business Description

Landmark food market in a coastal community that has been serving loyal customers throughout Rhode Island and the surrounding areas for many years.

This retail food market is a staple in the community and provides quality products at affordable rates.

Experienced employees and a long-established network of suppliers is in place.

Includes a seasonable business which is highly profitable.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The market features a large retail space with displays for meats, seafood and prepared foods, offices, a fully equipped kitchen, large walk-in freezers, and several loading docks. It is located in a high-traffic area and there is ample parking on site. The Real Estate is also available for Sale or Lease ($1,100,000).
Growth & Expansion:
An attractive opportunity for an existing food market to expand its operations or for an individual looking to enter the food industry. There are many opportunities to grow including increasing store hours, expanding product portfolio and new advertising campaigns.
Support & Training:
As needed.
Reason for Selling:
Retirement
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Contact the Seller

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Justin Grolley

Business Listed By:
Justin Grolley

The Nery Corporation d/b/a Coastal Business Brokers

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Sponsoring Broker:
Kevin Nery

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