Very Profitable Organic Grocery Store

CA

Very Profitable Organic Grocery Store
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Asking Price: Get Financing: $5,500,000

Cash Flow: $1,400,000

Gross Revenue: $9,408,000

EBITDA: $1,400,000

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 1990

Very Profitable Organic Grocery Store

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Business Description

Very profitable and well established organic and health related grocery store is now available due to retirement planning.

Established over 35 years ago, this grocery story has enjoyed organic growth year over year and is now a staple and bedrock to the community which it serves.

The store offers a wide variety of organic groceries and produce, a full service bakery and deli, vitamins and supplements as well as health & beauty aids, bulk foods and herbs and a variety of pet foods and supplies.

This retailer boasts a very loyal staff of ~45 employees, 10 of whom are in leadership roles.

There is very limited competition in the area likely due in part to the a large market share having been captured over the years by this business.

Lease is due to expire towards the beginning of next year and the landlord is ready to negotiate a new lease with a buyer.

Year over year of steady growth and profitability.

SBA Approved and ready to go for a well qualified buyer.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
45
Competition:
Limited competition in the community served for over 30 years.
Support & Training:
Owners willing to stay on for transition period
Reason for Selling:
Retirement
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(from currently available funds)
 
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Darrin Davenport

Business Listed By:
Darrin Davenport

Common Ground Business Brokers

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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 California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


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