Motivated Seller - Landmark Market

Not Disclosed, RI


Asking Price: Annual Revenue:
$1,295,000 $4,495,188

Food & Beverage: Grocery & Food Stores


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RE: Motivated Seller - Landmark Market Broker: Justin Grolley

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $4,495,188
Net Profit: Not Disclosed
Cash Flow: $401,051
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 145935713
Broker Reference #: 19830

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Business Overview:

Landmark grocery/seafood market in a coastal community that has been serving loyal customers throughout Rhode Island and the surrounding areas for many years.

This retail food market is a staple in the community and provides quality products at affordable rates.

Experienced employees and a long-established network of suppliers is in place.

Includes a seasonable business which is highly profitable.

Seller is very motivated and will consider any reasonable offer.

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Property Features and Assets:

The market features a large retail space with displays for meats, seafood and prepared foods, offices, a fully equipped kitchen, large walk-in freezers, and several loading docks. It is located in a high-traffic area and there is ample parking on site. The Real Estate is also available for Sale or Lease ($1.1M) or Lease.

Market Competition and Expansion:

An attractive opportunity for an existing food market to expand its operations or for an individual looking to enter the food industry. There are many opportunities to grow including increasing store hours, expanding product portfolio and new advertising campaigns.

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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