Established Indian Grocery Store - Prime Shelby County Location
This well-established specialty grocery store has served the South Asian community in Shelby County, Tennessee since 2010. Located in a safe neighborhood near major supermarkets and city roads, this turnkey operation generates strong annual revenue of $620,000 with healthy cash flow of $90,000.
BUSINESS OVERVIEW:
The store operates from a spacious 2,700 square foot leased facility at $3,843 monthly rent, with lease extending through March 31, 2026. The business benefits from an exclusive market position as the only Indian grocery store within an 8-mile radius, serving a substantial South Asian population in the area.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $620,000
- Cash Flow (SDE): $90,000
- FF&E Value: $140,000
- Inventory Value: $100,000
- Established 14-year operating history
- Asking Price: $129,000
GROWTH OPPORTUNITIES:
Significant expansion potential exists through:
- Adding fresh meat department (adequate back room space available)
- Implementing home delivery services
- Enhanced local marketing to dense population base
- Projected additional monthly sales of $15,000-$20,000 from these initiatives
COMPETITIVE ADVANTAGES:
- Monopoly position in 8-mile radius
- Strong demographic alignment with dense South Asian community
- Easy-to-operate business model
- Prime location with high visibility
- Established customer base and supplier relationships
The seller is reducing their business portfolio and offers comprehensive support including two weeks of in-person training plus 30 days of phone consultation.
This represents an excellent opportunity to acquire a profitable, established grocery operation with clear expansion pathways in an underserved market segment.
Ad#:2413477
