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Neighborhood Market, Popular Hub, Great Ratings! (17952) For Sale

Puget Sound, Washington, US
Asking Price:
$799,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,472,645
Cash Flow:
$62,426

Neighborhood market grocer offers retail foods such as fresh produce and quality grocery. The diverse selection includes frozen meats, fresh deli items, dry bulk and organic supplements, dairy, refrigerated goods, salads, coffees and an extensive beer & wine selection. Application has been made for an on-premises alcohol permit, which will enable customers to consume beer and wine in the store’s seating area.
 Recent pricing adjustments made to improve gross profits for 2024!
 Projections for 2024 surpass $1.5 Million, as last year’s Revenue reached $1,472,645 alongside Discretionary Earnings of $62,426.
 Monopolizing the local area, the facility sits on a high-traffic thoroughfare. The fantastic family-oriented area has gorgeous views and plenty of recreational activities!
 Located on the Olympic Peninsula of Puget Sound, Washington state, the property of 10,000 SF comes complete with retail, office, dry and cold storage, fantastic walk-in beer cooler.
 Newly installed LED lighting on entire store allow reduced utility bill!
 Strong reputation and recurring business are ensured through client referrals, online engagements, and longtime supplier relationships.
 With current soft management allowing for holidays, a GM and PT bookkeeper could enable streamlined operations absentee of ownership.
 Seller is approaching retirement and looks forward to a successor with fresh ideas taking this market to the next level.
Don’t hesitate, contact IAG for more information!

Property Information

Real Estate:

Lease

Size in square feet:
6,000+/-

Business Operation

Reasons for selling:

Approaching retirement.

Trading hours:

Daily 7AM to 9PM.

Employees:
8 nonunion.
Years established:
2004

Other Information

Support & training:

Current soft management allows for enabled streamlined operations absentee of ownership after standard transitioning.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$261,824 - included in the asking price
Inventory / Stock value:
$110,000 - included in the asking price