Grocery and Fresh Market

Not Disclosed, IL
Cook County

Asking Price: Annual Revenue:
$880,000 $6,183,800

Food & Beverage: Grocery & Food Stores

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RE: Grocery and Fresh Market Broker: Terry Flanagan

Quick Facts

Asking Price: $880,000
Annual Revenue: $6,183,800
Net Profit: Not Disclosed
Cash Flow: $699,485
Total Debt: Not Disclosed
FF&E: $839,890
Real Estate: Not Disclosed
Year Established: 1972
Employees: 31
BBN Listing #: 76104955
Broker Reference #: 1050-16118

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Business Overview:

The Grocery and Fresh Market offers a full line of groceries, meat, and produce with at least $5 million in annual sales and up to 15% of their sales in GM/HBC. This store typically carries anywhere from 15,000 to 60,000 SKUs and offers a service deli and bakery.

The Fresh Format is different from traditional supermarkets and traditional natural food stores. Fresh stores emphasize perishables and offer center-store assortments that differ from those of traditional retailers, especially in the areas of ethnic, natural, and organic selections.

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Property Features and Assets:

This Grocery and Fresh Market is a suburban family-owned store that is located within a 15,000 square foot free-standing building. Parking is available for 45 cars with two entrances/exits. The building is located along a 4-lane highway with good exposure. The building is available for purchase as a separate entity. Assets= $1,146,187.

Market Competition and Expansion:

This industry is competitive with a mix of large box stores and smaller ethnic and specialty stores. In this case, the offering of fresh product from grower to consumer is an expanding niche in the grocery industry. The company has introduced additional strategies for dealing with COVID requirements and to take advantage of increased on-line and delivery services. Potential growth can continue with: 1. Additional e-commerce platforms 2. Enhanced delivery arrangements 3. Expansion of deli and catering services

Reason for Selling:

The sellers wish to retire.

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.

Relevant Links:

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