Business For Sale

352077-RP Ethnic Grocery and Halal Meat store

Not Disclosed, VA
Henrico County


Asking Price: Annual Revenue:
$199,000 $1,700,000

Food & Beverage: Grocery & Food Stores


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RE: 352077-RP Ethnic Grocery and Halal Meat store Broker: Raj Prasad
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $199,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 386243891
Broker Reference #: 9525-352077

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Business Overview:

This is great opportunity to own one of the most successful ethnic supermarkets in Glen Allen, Virginia. This 6,100 square feet free-standing building, sitting on major street with very heavy traffic. It has a huge parking for employees and customers
This supermarket is in a good neighborhood and loyal customers. They have good selection of grocery, meat, bakery and very successful Halal meat section.
• The store operates on a long-term lease.
• The present owner is willing to train the new owner.
• The annual revenue is $1.7 Million and growing year over year!
• The monthly rent is 8,000 for this prime location!
• Currently they have 5 full time and 4 part time employees.
• It operates 10 am- 9 pm, 7 days a week.
• current long-term lease.
• Landmark Signage on very busy road.
This store serves the entire population of its surrounding area, but focuses on customers looking for snacks and related items. Growth rates in customers match the population growth of the surrounding area.

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Reason for Selling:

Retiring

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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