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Business For Sale

Grocery store

Wilmington, NC

Food & Beverage: Conv & Food Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$200,000
$1,100,000
Not Disclosed
$200,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
6
83529173
Owner Financing is Available!

Business Overview:

This full service grocery store started out over 20 years ago as a Piggly Wiggly in the 60's. It has operated for the past twenty years under the same name with the present owner running it for 10 years. They place a special emphasis of the meat prices which are very competitive. There is a part time butcher who takes care of the meat cutting.  It is basically a neighborhood store, featuring those items that their customers prefer. It is designed as a quick in and out store. Prices range between those of the big chain stores and convenience stores.  The location of the store, the size of the store, providing everything people need in that neighborhood , accepting food stamps and WIC and outstanding meat values are the chief assets of this business. This is NOT a convenience store but rather a neighborhood grocery store.

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.

Reason for Selling:

Main owner is physically exhausted from running 2 stores.

Additional Details:

  • The property is leased.
  • 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: