Recession Proof Market in RI

Not Disclosed, RI


Asking Price: Annual Revenue:
$699,000 $4,100,000

Food & Beverage: Grocery & Food Stores


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RE: Recession Proof Market in RI Broker: Karen
Owner Financing is Available!
Possibly some seller financing for a well qualified buyer.

Quick Facts

Asking Price: $699,000
Annual Revenue: $4,100,000
Net Profit: Not Disclosed
Cash Flow: $278,074
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 18
BBN Listing #: 15192849
Broker Reference #: 15625

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Business Overview:

Must See

Recession Proof Business! Revenues over $4 million in 2019 and 2020 revenues on track for $4.4 million with profits over $300,000. Nothing can stop this business, not the economy or economic shutdowns. This business is essential in every way and their loyal customer base knows it!

The store cranks out this kind of volume year after year, but still has "meat on the bone" when it comes to growth. Several areas can be expanded and capitalized to bring this business into the 21st century when it comes to technology.

Tremendous growth can take place with opening up wholesale selling and expanding take home meals, catering, etc.
This business is being offered up.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

10,000 square feet building with ample parking. The Real Estate will be leased or sold with the business for an additional $899,000

Reason for Selling:

Retirement

Additional Details:

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

Documents:

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