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- RE: Established RI Grocery Store
- Contact: Adam Bradshaw
Quick Facts
Asking Price: | $1,800,000 | |
Annual Revenue: | $5,477,439 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $548,601 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 991994 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established over 15 years ago, this regional grocery store currently achieves over $5M in Revenue.
Delivering market-proven product selection and professional services, the store offers groceries, seafood, poultry, bakery, custom cut fresh meats, deli, prepared foods, fresh produce, gourmet fruit gift baskets, Grab-‘N-Go deli platters and more.
The business is open 7 days a week for customers to shop in-store or order on-line for store pick-up.The store also offers world class catering for all types of celebrations and events in the region.
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Property Features and Assets:
Located on a main route and at a high traffic location, the store benefits from major tourist activity and seasonal/second home communities to supplement their loyal base of customers.
The facility is leased with over 10,000 square feet and customized with the look and feel of a well-established, successful grocer.
A well-executed plan supports the store’s wide selection of products and key service departments.
Market Competition and Expansion:
Grocery store operators throughout the country may see the opportunity as a strategic acquisition for access to new markets, customers, and sales growth.
The opportunity may be acquired to operate with current store branding, or as a new and different brand entity depending on the needs and goals of the Buyer.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Rhode Island businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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