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Business For Sale

Upscale Food Market with RE

Eastern Shoreline, CT

Food & Beverage: Conv & Food Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$360,000
$2,100,000
Not Disclosed
$145,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
$525,000
Not Disclosed
14
895913
Owner Financing is Available!
Seller may participate in financing a minor part of the sale price.

Business Overview:

Long established family grocery market with superb meat and deli departments. Anchored by its core values of superior service and high quality foods and specialty items, it has been able to stand the test of time while evolving with the latest advances in the natural and organic food industry. Profitable on sales of over $2 million. Buy business and lease or also buy the very well located property.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The owners of the business are also the owners of the real estate. The real estate is being offered both for lease at $3,500 per month triple net or for sale at $525,000. The single story architecturally charming building is freestanding with a partial basement. It’s on a very busy secondary road with has excellent driver visibility. There is on site parking for 25+ cars.

Market Competition and Expansion:

Competition: A few indirect competitors have been established in the area for a long time and the competitive situation is stable, with no new recent competition and none anticipated. Growth/Expansion: Obvious growth opportunities are to build a website presence, expand relatively short current hours, offer local delivery services (it’s the kind of community that would pay extra for such service). Expanding meals and orders for pick up is also an area for growth.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: