Very Profitable Grocer in Explosive Growth Area

MI

Very Profitable Grocer in Explosive Growth Area
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Asking Price: $4,300,000

Cash Flow: $1,400,000

Gross Revenue: $11,555,000

EBITDA: $1,050,000

FF&E: $880,000

Inventory: $320,000

Real Estate: $3,750,000*

Established: N/A

*not included in asking price.

Very Profitable Grocer in Explosive Growth Area

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Business Description

Retail full line grocery store with dedicated customers serving the local community for decades with fresh produce, meats and prepared foods. Wholesale business caters to restaurants and businesses with unique food options.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
20,000
Employees:
50
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Outstanding building location and cleanliness in growth area.
Competition:
Few general supermarket competition but none have the product offering, unique selections and loyal retail customers.
Growth & Expansion:
Growth possible with additional distribution model and target customer acquisition.
Financing:
10% maximum
Support & Training:
Sellers will support training and transition
Reason for Selling:
Retirement
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(from currently available funds)
 
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Joe Hige

Business Listed By:
Joe Hige

Sunbelt Southeast Michigan

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