This neighborhood market carries common items and is known for their wide variety of specialty items coveted by people of varied backgrounds.
It is an easy in-and-out store on a very busy street in Kansas City, Kansas.
There are lots of businesses and homes nearby.
A new owner can do some remodeling to add more display space.
The current owner is relocating due to other business interests out of state so he is motivated to sell.
- Asking Price:
- $125,000 Inventory / Stock included
- Sales Revenue:
- $250,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$1,500 per annum
- Location:
-
The store is located on a very business street in Kansas City, Kansas. Everyone knows the street. Excellent parking, store is just across from a college also.
Business Operation
- Expansion Potential:
-
The store could be laid out better. There is some wasted space that could be converted to retail to carry more product. The store does enjoy the advantage that it has a large storage facility just behind the store, so they could carry more product and perhaps buy in bulk, earning additional margin. The store currently sells beer but other alcohol could be added.
- Competition / Market:
-
Because the store carries common items of course there are other competitors, but this market specializes in a variety of ethnic foods not easily found in other stores. They have a loyal following because of this. The store is packed with consumables and also beans, rice and other specialty items that the clientele is comfortable with.
- Reasons for selling:
-
Owner has relocated to another state; family is operating the business but have other interests and responsibilities.
- Years established:
- 2012
Other Information
- Support & training:
-
Owner and his family who work in the store will train in all facets necessary, including purchasing, pricing, customer service, maintenance.
- Inventory / Stock value:
- $80,000 - included in the asking price
