Business For Sale

Long Established Supermarket - 31091

Not Disclosed, NC
Iredell County

Iredell County, North Carolina


Asking Price: Annual Revenue:
$225,000 $3,000,000

Food & Beverage: Grocery & Food Stores


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RE: Long Established Supermarket - 31091 Broker: David McPherson

Quick Facts

Asking Price: $225,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $108,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 13
BBN Listing #: 26564447
Broker Reference #: 31091

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Business Overview:

This long-established supermarket is located in an area with great demographics plus minimal competition. The store benefits from having a well known franchise name plus being located in a great fast growing area of the state. 15,500 sq. ft. building with very clean, well-maintained and modern interior. 10,000 sq. ft. selling floor. Very spacious parking lot which is planned to be repaved. Specializing in fresh meats, the store has been able to maintain great profitability. Gross margins now running 22%. ABC and EBT. New owner could add tobacco, lottery or check cashing to earn even more profits. Franchise does all advertising and accounting. Licensing required to stay with current franchise. Great opportunity for owner-operator. Seller is willing to provide some training.

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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 a franchise resale opportunity.

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