High Traffic Grocery Store w/ Gas - Own the Market

Not Disclosed, NY
Chautauqua County

East of Jamestown


Asking Price: Annual Revenue:
$1,500,000 $3,000,000

Food & Beverage: Grocery & Food Stores


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RE: High Traffic Grocery Store w/ Gas - Own the Market Broker: Tom Wight
License #: c4511571
Owner Financing is Available!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,000,000
Net Profit: $400,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: $500,000
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 718660288
Broker Reference #: Not Disclosed

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Business Overview:

High traffic independent franchise grocery store with gas. Strong financials with good margins have to steady growth. Up 38% ytd. Management will stay on as consultant after the sale. No competition within a 10 mile radius.

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Property Features and Assets:

9200 sq ft building with new refrigerators and freezers. Lucrative gas contract still has two years left. Parking lot has been resurfaced.

Market Competition and Expansion:

No other grocery or gas competition in a 10 mile radius. No Dollar General franchise within 10 miles. Strong deli takeout.

Reason for Selling:

Reinvestment

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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