Well-established neighborhood market operating for nearly 30 years in a prime downtown location. Established in 1998, the business has built a loyal customer base and strong presence in the local community.
The market offers a variety of grocery items along with a meat and deli department as well as a full service fish counter, only one in the city. The business benefits from ample customer parking and excellent accessibility. A manager is already in place, providing an attractive opportunity for a buyer seeking an established operation with experienced management.
This is a great opportunity to acquire a long-standing market in a desirable, high-visibility location.
- Asking Price:
- $250,000
- Sales Revenue:
- $518,863
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease expires 2/28/28 - option for 5 years. Landlord open to new lease
- Leasehold Rent:
-
$4,760 per annum
- Location:
-
Walking distance to downtown
- Size in square feet:
- 1,600
Business Operation
- Reasons for selling:
-
Health issues
- Trading hours:
-
Mon-Sat: 10-6
Sundays closed
- Employees:
- 5 PT
- Years established:
- 1998
Other Information
- Support & training:
-
1 week / 20 hours per week
- Financing available:
-
Owner financing amount: $175,000 at 6 %
- Inventory / Stock value:
- $20,000
