2 Retail Grocery Stores For Sale

Business description

Excellent opportunity to acquire two retail grocery stores serving rural communities. Both stores dominate the grocery business in their respective areas with a repeat business rate of 90% and a combined average weekly customer count of 8,000.

Facilities are 18,500 square feet and 26,000 square feet. The stores are staffed by 36 full-time and 31 part-time employees. The owner has established a reputation for quality products and superior customer service. These and other factors have enabled the stores to generate steady revenue and profitability.

Retail grocery businesses are generally not susceptible to economic swings. Food, general merchandise and fuel are necessities and generally continue to exhibit steady sales during all phases of an economic cycle. Modest capital investments of approximately $5,000 per annum, adjusted for inflation, should be sufficient to meet future revenue needs.

Some reasons for an acquisition are:

• Consistent historical sales
• Modest ongoing capital investment requirements
• Superior name and reputation
• Brand-name products
• Dominant market share
• Strong supplier relationships
• Recession-resistant industry

Other information

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