Long Established RI Grocery Store
Not Disclosed, RI Not Disclosed
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- RE: Long Established RI Grocery Store
- Contact: Adam Bradshaw
Quick Facts
| Asking Price: | $5,300,000 | |
| Annual Revenue: | $12,071,028 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,462,611 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $635,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1010025 | |
| Broker Reference #: | 19966 |
Business Overview:
Two well-established regional grocery stores which currently top $12M in revenue. Delivering the same market-proven product selection and professional services, the stores offer 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 stores also offer world class catering for all types of celebrations and events in the region.
Contact the Seller:
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Property Features and Assets:
Located on a busy street in a popular town minutes from the Interstate Highway and the state’s capital city, the stores enjoy strong visibility and foot traffic from the host town and surrounding suburbs.
The facilities are leased, with over 9,000 SF and over 10,000 SF respectively, each customized with the look and feel of the grocery store brand.
A smart floor plan supports the stores wide selection of products and key service departments.
Market Competition and Expansion:
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.
Grocery store operators throughout the country may see the opportunity as a strategic acquisition for access to new markets, customer acquisition, and sales growth.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional 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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