This specialty grocery business is a tremendous success story, such that the owners are planning to work with new owners to create a separate but complementary business. There is the promise and likelihood that the seller will become the best customer of the buyer. A true win-win situation. They offer custom services to a wide variety of clients. Most all of the business is geared toward individual consumers, thus lessening any chance that a major competitor could steal away any of their business. This is as bullet proof and recession proof as a business as any. Sales and profits increase yearly. The sellers readily admit that retailing and promotion is not their strong suit, so a new owner can improve even on the remarkable results already proven with this business.
- Asking Price:
- $3,500,000 (USD) Furniture / Fixtures included
- Sales Revenue:
- $3,240,000 (USD)
- Cash Flow:
- $1,010,000 (USD)
- Real Estate:
Real Property Included
This business proves that location is not everything, that quality of product and service far outweighs a convenient location. People come literally from miles around to shop and buy here. It is possible that an outlet(s) could be added to dramatically increase sales for a new ambitious owner.
- Expansion Potential:
A new owner could consider adding locations in nearby and other statewide locations to capitalize on the name. Private label of certain items is a possibility. Adding internet purchasing is another possibility.
- Competition / Market:
Being in the grocery business there are competitors, however their forte and reputation is for their specialty products and services. They are known far and wide for these. Plus they have selectively added complementary products that have proven to also be significant contributors to the bottom line.
- Reasons for selling:
- 15FT 3PT
- Years established:
- Support & training:
Sellers will stay on for transition period to make sure all key positions continue to filled. Will thoroughly train in government hygiene requirements, product ordering, quality control, POS, and daily duties.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
Some seller financing possible for qualified buyer.
- Furniture / Fixtures value:
- $1,141,942 (USD) - included in the asking price