Price Reduced! Grocery/Deli/Seafood Market w/RE #19815

RI

Price Reduced! Grocery/Deli/Seafood Market w/RE #19815
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Asking Price: $2,395,000

Cash Flow: $481,051

Gross Revenue: $4,500,000

EBITDA: N/A

FF&E: $600,000

Inventory: $50,000*

Real Estate: $1,100,000

Established: N/A

*not included in asking price.

Price Reduced! Grocery/Deli/Seafood Market w/RE #19815

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Business Description

Summary Description:

Full service specialty food/seafood market that has been serving loyal customers throughout Rhode Island, Massachusetts and Connecticut for many years.

This highly profitable market is well-known in the community for providing fresh and quality seafood, meats, poultry and specialty food items products at affordable rates.

Experienced personnel and reliable network of suppliers in place.

Additional profitable seasonable business also included in price.

Seller is motivated and will consider any reasonable offer.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,000
Employees:
28
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Facility has a large retail space with deli counters/displays for meats and seafood, offices, a fully equipped kitchen, large walk-in freezers, and several loading docks. It is located in close proximity to major highways and has ample parking.
Growth & Expansion:
Great opportunity for an existing market to add a new location or for an individual who wishes to enter the retail food or seafood industry. Room to grow by expanding hours, new product/service offerings, and increased advertising.
Support & Training:
As needed for a smooth transition.
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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