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Asking Price:	$250,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Conv & Food Stores
Reason for Selling:	Seller works only part time is under capitalized
Year Established:	2006
# of Employees:	2 Part Time
Yearly Revenues:	$750,000
Yearly Cash Flow:	$120,000
Yearly Net Profit:	$120,000
Yearly Gross Income:	$750,000

Business for Sale Overview:

The grocery store is located in a major high traffic Shopping Center and has lots of foot traffic everyday. It has 3,283 square feet of space and is designed with a deli, wine shop, produce and grocery sections. Everything is like brand new and all the equipment and fixtures are in perfect working order. This is one of the true destination specialty food centers in Bellevue. The business has a huge customer database which could be utilized for a newsletter or mailings. The current owner can only work the business part-time and has grown the business as far as he can with limited financial backing. The new owner could easily increase sales by introducing new products from areas of Europe, the Middle East, Asia, and India. The demographics of this area are perfect for an International grocery and deli.

Property Features and Assets:

The grocery store is located in a major high traffic Shopping Center and has lots of foot traffic everyday. It has 3,283 square feet of space and is designed with a deli, wine shop and produce and grocery sections. Everything is like brand new and all the equipment and fixtures are in perfect working order. The monthly rent is $6,750 total. The Lease runs till 9/30/2014 and has a 3 year option to extend the term.

Market Competition and Expansion:

This specialty grocery store and deli is the only one of its kind in the area. It has an excellent selection of food and specialty items and a great selection of wines and beers. It has established itself as the premier place to shop for gourmet items in Bellevue. With its outstanding location, high visibility and foot traffic the store will continue to grow and be successful. There is unlimited growth potential for this business. This is one of the true destination specialty food centers in Bellevue. The business has a huge customer database which could be utilized for a newsletter or mailings. The current owner can only work the business part-time and has grown the business as far as he can with limited financial backing. The new owner could easily increase sales by introducing new products from areas of Europe, the Middle East, Asia, and India. The demographics of this area are perfect for an International grocery and deli.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.