Produce & Deli Store

Cincinnati, OH (Hamilton County)

Produce & Deli Store
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Asking Price: $75,000

Cash Flow: $37,000

Gross Revenue: $339,000

EBITDA: N/A

FF&E: $25,000

Inventory: $15,000*

Rent: $2,622 /Month

Established: 1959

*not included in asking price.

Produce & Deli Store

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Business Description

ACQUISITION OPPORTUNITY #F-2620

Produce & Deli Retail Store

Offered for sale is a produce and deli retail business family owned and operated business for almost 60 years.

The business offers a full line of produce, fruits and vegetables in addition to a variety of grocery items.

INVESTMENT HIGHLIGHTS

• Excellent location
• Strong repeat business from a customer base it has served for many years as an independent market in the area
• Operating out of 2,450 sq. ft. of space in a small, easily accessible strip center
• Owner is seeking to retire
• Excellent opportunity for a new owner operator

REASON for SALE

After many years of operating the business, the owner is ready to retire.

ASKING PRICE
The business is being offered as an asset sale, free and clear of debt and liabilities for an asking price of $ 75,000 plus the inventory value at closing (average inventory value at cost is approximately $12,000 to $15,000), free and clear of debt and liabilities.

Seller will provide full transitional training and support for the new owner.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,450
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased
Competition:
Normal
Growth & Expansion:
Add beer & wine, other services
Support & Training:
As needed
Reason for Selling:
Retirement
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Business Listed By:
Wayne Corney

Keate Partners, Ltd.

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