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Independent Grocery Store For Sale

Connecticut, US
Asking Price:
$2,500,000
Sales Revenue:
$9,897,306
Cash Flow:
$626,649

Independently owned, well established, profitable grocery store specializing in full-service perishable and traditional grocery departments and catering.
-In business 48 years
-Premium location, the only grocery store within six miles
-Well-trained employees and management staff
-Continual building and asset upgrades including 2020 front-end remodel
-From-scratch baked goods, specialty items, top-notch service, convenience, and catering
-Higher profit margin growth opportunity in expanding existing catering and adding more self service prepared and pre-packaged offerings
-17,116 square foot facility in fully leased shopping mall

Our client requires a signed confidentiality agreement and indication of financial qualifications.

Property Information

Real Estate:

Lease

Premises Details:

17,116 square foot facility in fully leased shopping mall

Business Operation

Expansion Potential:

Options to increase growth include expanding catering and grab and go offerings.

Competition / Market:

17,116 square foot facility in fully leased shopping mall

Reasons for selling:

Retirement

Years established:
1976

Other Information

Support & training:

Support and training during the transition is available.

Financing available:

10% seller financing may be available to a well-qualified buyer.