Successful Asian Market In Arkansas For Sale

Business description

This successful business has created a loyal customer base solely on word of mouth. A wide range of products, including dry goods, fresh produce, meat and frozen foods are attractively displayed in a bright, clean mid-sized store. The store is conveniently located on a major high traffic state highway. Growth can be enhanced with effective marketing and increasing staff size; currently limited to the owner and his wife.

Asking price of $150,000 is for the business; the store property can also be purchased for an additional $150,000 if desired, or the seller will lease the 2000 sq. ft. building for only $800/month!

The store is located in a beautiful, desirable city in Northwest Arkansas. With an abundance of recreational opportunities surrounding the area, the school district is top-notch and great values can be found in the local housing market.

The decrease in profitability since 2009 is due primarily to one reason: Although the sales volume remains excellent; the owner has not raised his prices since 2009, despite steady increases in the price of products. His retail prices average 15% below competitors. The current owner has invested in no marketing efforts and the surrounding community has limited knowledge of this specialty food market.

This business has incredible upside potential! Asking price is just above the value of assets! Call now. This is a great deal. ------------

Assets: Equipment $50,000
Inventory $65,000
Net total Assets $135,000

For the approved buyer, the Seller will consider owner financing of up to $75,000 of the purchase price! All reasonable offers will be considered!

Property information

Real Estate:

Real Property Included

Premises details:

$N/A

Other information

Reasons for selling:

The seller is moving to Florida where his son is entering college with plans to attend medical school, also in Florida. The Seller wants to establish Florida residency for tuition purposes. Seller is very motivated to sell!

Trading hours:

Days: Tuesday-Sunday, Hours: 9am-8pm

Financing available:

Downpayment Required: NEGOTIABLE
Monthly Payroll: N/A
Financing is Available

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$65,000 (included in the asking price)