This well-established grocery store, located in a small town near a major university, has been serving the community for over 40 years. With a loyal, multi-generational customer base, the business benefits from consistent foot traffic and seasonal peaks during summer and holiday months. The store's diverse departments, including a sizeable meat section, large produce area, deli, and bakery, provide a comprehensive shopping experience that caters to a wide range of customer needs.
This turnkey operation presents an excellent opportunity for either a grocery chain looking to expand or an independent operator seeking to run their own store. The asking price of $1.75 million includes the business and well-maintained real estate, offering potential for continued growth and community presence. Inventory is extra and valued at cost. The current owner is committed to finding a buyer who will maintain the store's high standards of quality and customer service, and is prepared to assist with the transition to ensure a smooth handover.
There was a software inventory pricing issue, reducing gross margin in 2022 and 24.
Price $1,450,000 Plus INVENTORY!
Details:
2024 Revenue: $4,500,000
Inventory: $400,000
Facility: 25,000 square feet on 1.38 acres
Employees: 31 full and part-time
Investment Highlights:
• Seasonal resilience
• Strong supplier partnership
• Full-facility generator
• Turnkey opportunity with experienced workforce
Growth Opportunities:
• Leverage technology and customer data
• Optimize the store layout
• Expand bakery and deli options
• Increase sourcing of local-made products
Support & Training: Owner is willing to assist the transition
Reason for Selling: Focus on other opportunities
Ad#:2186426
