Supermarket -Bakery,Meat,Grocery,Frozen,Beer/Wine

San Tan Valley, AZ (Pinal County)

Supermarket -Bakery,Meat,Grocery,Frozen,Beer/Wine
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Asking Price: Get Financing: $2,393,700

Cash Flow: N/A

Gross Revenue: $5,000,000

EBITDA: N/A

FF&E: $543,700

Inventory: $251,000*

Real Estate: $1,850,000

Established: 1963

*not included in asking price.

Supermarket -Bakery,Meat,Grocery,Frozen,Beer/Wine

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Business Description

Well Known Close to Phoenix location

This full service, full size supermarket has been servicing this rural community within an hour drive of greater Phoenix Arizona. Full service departments include meat department where they provide specialty cuts, special orders and a full inventory line of beef, poultry, pork and more; The produce department features a wide variety of fruits and vegetables as well as prepared and packaged products; The bakery provides made to order cakes, sandwiches, party platters and many name brand baked goods; The grocery department provides dairy, dry goods, household items, frozen foods, non-alcohol beverages; The adult beverage area operates with a series 10 liquor license allowing them to offer a complete line of wine and beer in a wide price range. Other services include check cashing, money orders, lottery sales, gift cards, phone cards and carpet cleaning rental equipment. The store’s customers and employees benefit from the Company’s commitment to quality. Like most other large supermarkets they are open seven days per week. Price includes real estate

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
16,000
Employees:
31
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in Arizona’s sun corridor amongst the spectacular saguaro cactus and beautiful Sonoran Desert this store serves a thriving year round population plus a sizable visitor population. Conveniently located right off the major highways through the area, the Company’s ±16,000 of store space has easy access, good visibility, and is in close proximity to area’s city center. The overall real property size is ±5 acres most of which is finished, striped asphalt providing plenty of well lighted parking with adjacent unimproved (owned) land for expansion.
Competition:
They remain competitively priced even though the local corporate competitors have much greater purchasing power……along with much greater overhead and corporate expense. They have maintained revenue despite the presence of the industry “big boys”. In general the industry is fiercely competitive as the consumer is given more choices such as on line purchasing and home delivery. However, the fact remains that they are a major facility in their market place and they proudly thank their customers for spending their hard earned food dollars with a locally owned and operated business.
Growth & Expansion:
Stronger online presence; Develop curbside pickup and perhaps home delivery. Adjacent owned un-improved land for parking expansion.
Support & Training:
As Needed
Reason for Selling:
Retirement
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Dave Long

Business Listed By:
Dave Long

Arizona Business Sales & Acquisitions

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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