Profitable European and Mediterranean Market For Sale

Raleigh, NC (Wake County)

Profitable European and Mediterranean Market For Sale
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Asking Price: $277,560

Cash Flow: $92,520

Gross Revenue: $336,000

EBITDA: N/A

FF&E: $37,000

Inventory: $80,000

Established: 2006

Profitable European and Mediterranean Market For Sale

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Business Description

Highly Profitable European and Mediterranean Store

13 years in business with a large loyal clientele. Great retail store selling all kinds of European and Mediterranean food, drinks and merchandise. Business is well established and has long term relationships with vendors and customers. Great location in Raleigh Durham NC area in a very well established strip center with lots of traffic. Owner is moving to another state and will train buyer on all of his trade secrets and best practices. This won't last long on the market call today! For additional information please contact listing agent Lenwood Mills at 910-622-2181 or lenwoodm@fcbb.com

Detailed Information

Location:
Raleigh, NC
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 1,900 square feet with a Total Rent of $3,025. Lease ends 08/2023 with two 5 & 10 year lease options. Seller is active in the business with 1 FT employee. Hours of operation are Sun: 10 AM - 6 PM, M - Sat: 10 AM - 8 PM . $80,000 in Inventory and $37,000 in FF&E included in Asking Price. $40,000 made in Leasehold Improvements.
Support & Training:
2 weeks from date of closing
Reason for Selling:
Moving to another State
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(from currently available funds)
 
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Lenwood Mills

Business Listed By:
Lenwood Mills

First Choice Business Brokers of Raleigh Durham

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