Independent Grocery Store Well Established and...

DeKalb, GA
DeKalb County

Asking Price: Annual Revenue:
$600,000 $5,539,867

Food & Beverage: Convenience Stores

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RE: Independent Grocery Store Well Established and... Broker: Mark Werbalowsky

Quick Facts

Asking Price: $600,000
Annual Revenue: $5,539,867
Net Profit: Not Disclosed
Cash Flow: $203,618
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 35
BBN Listing #: 392550091
Broker Reference #: ATLANGA003-N897

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Business Overview:

The business was established in the 1975 and was acquired by the current owner in 1989. The client base is a very diverse mix of people from all parts of the globe. There are 60+ vendors that supply the 13,000 sku’s that are on the shelves. There are currently 2 store managers that handle the day to day operations of the business. The owner works 30 hours per week and orders groceries and helps receive merchandise. The store serves several Refugee Agencies such as; World Relief, Catholic Charities, International Rescue Committee, and New American Pathways. The State of Georgia’s WIC program accounts for 20 to 25 percent of the store’s overall revenues. IT WILL BE IN EVERYONE’S BEST INTEREST IF THE BUYER CURRENTLY POSSESES A WIC LICENSE. This is an opportunity to acquire a well- established and profitable business that has considerable upside growth potential.

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Reason for Selling:

The Seller would like 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.

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