Ethnic Supermarket Thrives in Busy College Town

Indianapolis, IN
Marion County


Asking Price: Annual Revenue:
$1,199,000 $2,835,352

Food & Beverage: Grocery & Food Stores


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RE: Ethnic Supermarket Thrives in Busy College Town Broker: Rick Carlson
License #: 01820673

Quick Facts

Asking Price: $1,199,000
Annual Revenue: $2,835,352
Net Profit: Not Disclosed
Cash Flow: $310,000
Total Debt: Not Disclosed
FF&E: $296,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 11
BBN Listing #: 962527574
Broker Reference #: 846 Supermarket

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Business Overview:

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.

This niche supermarket is located at prime location in a popular college town. The business runs on a 90% retail, 10% wholesale distribution model. It sells goods to regular retail customers, but also supplies local restaurants as a wholesale distributor. The supermarket has a restaurant inside as well, offering an additional convenience to busy customers and on-the-go students.

Product lines include a variety of specialty items from countries such as Japan, Korea, China, Taiwan, Thailand, Vietnam, India and other Asian countries. They also carry some exclusive imported brands. -- 90%; of sales are food products while 10% is considered household goods.
Strengths of this business:

1) Biggest Asian market nearby. Offers more variety than any local competitor.
2) Prime location.
3) Stable sales. No seasonality.
4) Competitive prices.
5) Top-tier customer service
6) Clean and odor free market
7) Offers live fish (big selling point) and other seafoods.
8) Convenient restaurant within the market

Average 4.5-star review on Yelp; average 4.3-star review on Google.

NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Facilities: Prime location at a busy strip mall. Leased. Approximately 7,500 square feet. Monthly rent is $11,000 including CAM charges. Rent also includes insurance, maintenance and taxes. Lease expiration: 7/2026. There is a renewal option for two additional five-year periods.

Market Competition and Expansion:

Competition: Very limited competition nearby for similar international markets. This business captures 90% of the local ethnic market share. Growth & Expansion: This business has tons of growth potential. To expand the business and boost profits: 1) Continue to maintain comprehensive product offerings by following consumer preferences. 2) Continue to be selective in vendor sourcing, in order to ensure quality and stay competitive in prices. 3) Continue to run operations efficiently. 4) Promote the brand via strategic partnerships. 5) Get involved in local community events (maybe some charity activities).

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.

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