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Well established supermarket-turnkey operation

St. Croix, Virgin Islands
Well established supermarket-turnkey operation

Asking Price:$4,975,000

Cash Flow (SDE):$1,000,000

EBITDA:Not Disclosed

Gross Revenue:$5,500,000

Established:1999

Business Description

25+ years in operation

The business is a full scale supermarket located in Christiansted, US Virgin Islands, USA.
- Supermarket is a turnkey operation with all departments in place including a management team and well-established over 25 years. featuring all departments; grocery, dairy, produce, fresh meats and poultry, deli, frozen food, liquor beer and wine, tobacco, and non food essentials.
- The business boasts a high daily footfall, with a customer base of 550-650 individuals.
- Inventory procurement is streamlined, with weekly shipments from Miami, ensuring consistent and convenient restocking of products.
- Company's assets include well-maintained equipment and refrigeration facilities, contributing to operational efficiency and cost-effectiveness. 100 KW net metering solar system in place that saves 40% of the utility bill. 300KW standby generator with an automatic transfer switch for emergency outages.
- Company is registered with a business license and does not need any other approvals to operate.

Ad#:2378300

Detailed Information
Inventory:
$500,000
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
$3,500,000
Included in asking price
Employees:
20 (8 Full-time, 12 Part-time)
Facilities:
tangible assets: - Refrigeration equipment in the warehouse and the showroom, walk in coolers and freezers, displays, racks, shelves, and warehouse setup worth $4 million. - AC’s, CCTV cameras, billing machines, PCs, lighting, interior design, and infrastructure worth $1 million. customer base and a well-reputed brand name. Facilities Overview We operate out of an owned 17,800 sq ft facility. We have 8,000 sq ft of retail space and 9,800 sq ft of warehouse space. Inventory is not included in the price.
Growth & Expansion:
Big room for growth by adding new inventory and new departments.
Support & Training:
Owner will stay for one month to train and support. Full management team is in place already and can remain there if the new owner want to.
Reason for Selling:
Owner retiring
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Business Listed By:
SULEIMAN KHALED
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Business Listed By:
SULEIMAN KHALED
Phone Number

Ad#:2378300

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