Profitable Market in Prime Resort Region

Windham County, VT

Profitable Market in Prime Resort Region
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Asking Price: $750,000

Cash Flow: $164,000

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: $120,000

Inventory: $70,000*

Real Estate: $495,000

Established: 1988

*not included in asking price.

Profitable Market in Prime Resort Region

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Business Description

Established Country Market and RE with 165K in Cash Flow!

This profitable, turnkey country market has served the local community for over 20 years. Locally owned and operated by the current owners since 2005, the business has consistently generated cash flow of over $160K. The business is well-known of the quality of its product offerings and exceptional level of customer service, resulting in a loyal and active customer base of both locals and visitors. The market is ideally located on the main access road to a reputable 4-season mountain resort. The real estate, included with the sale, has been appraised at $495K.

Detailed Information

Location:
Windham County, VT
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4 FT 7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of a 9,000+ sq. ft. building. The business utilizes 6,000 sq. ft. on the main level with an additional 2,000+ sq. ft. of storage on the upper level. The building has been well maintained in excellent condition and is included with the sale of the business.
Competition:
The market is located on the main access road to one of Vermont’s most well-known 4-season mountain resorts. While there are 2 other grocery stores within a 5 mile radius offering a similar product mix, the market sets itself apart by providing a higher level of personal customer service and product quality.
Growth & Expansion:
The market has continued to grow and evolve to meet the changing needs of its customer base. To continue this growth a new owner will need to stay on top of current trends, continue to expand product lines and offerings. Customers place a high value on convenience and there has been increased demand for home cooked, quality meals to go. Expanding the take-out offerings and providing for on-line ordering and delivery are just a few areas that could increase revenue.
Financing:
To be negotiated
Support & Training:
Sellers will assist in the transition and train new owners as well as enter in to a non-competition agreement.
Reason for Selling:
The business is being offered for sale as the owners are approaching retirement.
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Country Business Inc.

Business Listed By:
Administrative Manager

Country Business, Inc.

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