Profitable Neighborhood Market in Great Location!

Lakewood, WA (Pierce County)

Storefront
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Asking Price: $595,000

Cash Flow: $95,000

Gross Revenue: $585,000

EBITDA: $95,000

FF&E: $40,000

Inventory: $25,000*

Real Estate: N/A

Established: 1951

*not included in asking price.

Profitable Neighborhood Market in Great Location!

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Business Description

SALE PENDING, ACCEPTING BACKUP OFFERS. This well-established neighborhood market has been a local favorite in the community for 68 years and is located next to Joint Base Lewis-McChord! Local residents love the vast selection and friendly customer service which is reflected in the great reviews. With steady sales and low overhead, this market is easy to run and very profitable. The store is huge with a lot of space not currently being utilized. An ambitious owner would be able to open longer hours (currently 9am-9pm) and add profit centers to quickly increase sales. Room for growth by adding WIC program, deli, check cashing, espresso stand/coffee station, propane, etc. Also possible to convert the storage space into an alternate retail use. Call for flyer. Link to drone footage: https://vimeo.com/312227650

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
4,079
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Huge market and large storage area currently not being utilized
Competition:
Very little nearby competition
Growth & Expansion:
Lakewood is one of the fastest growing areas in the state and the Joint Base Lewis-McCord which surrounds this store is rapidly growing as well!
Support & Training:
As needed
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.wesellstations.com
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Business Location


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Dan Fallon

Business Listed By:
Dan Fallon

McCallen & Sons, Inc.

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