Meat Market & Grocery Store / High Volume!

Not Disclosed, MI
Oakland County

Oakland County


Asking Price: Annual Revenue:
$2,975,000 $3,694,817

Food & Beverage: Grocery & Food Stores


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RE: Meat Market & Grocery Store / High Volume! Broker: Armen Nazarian

Quick Facts

Asking Price: $2,975,000
Annual Revenue: $3,694,817
Net Profit: Not Disclosed
Cash Flow: $871,640
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,200,000
Year Established: 1950
Employees: 13
BBN Listing #: 468152001
Broker Reference #: 0483

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Business Overview:

This is a great opportunity to own a very well known, HIGH-VOLUME neighborhood Meat Market/Grocery Store w Property in Oakland County averaging over $71,000 per week in sales! Located on a highly traveled road, this 5,400 sq ft store is located on a hard corner surrounded by plenty of residential and commercial properties to serve. Known for the best selection of Meats, Deli, Seafood and Sausages! Fully equipped with hot food kitchen and meat counter! All equipment is in excellent condition and maintained regularly. Specializing in fresh meats, dry groceries, frozen foods, produce, liquor and so much more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with expanding on groceries, fresh fruits & vegetables, adding a website, check cashing, ATM, Money Gram, DoorDash and Uber Eats, you have HUGE potential to the already high-volume sales and cashflow. Building contains 2 additional units being rented out that brings in an additional $35,000 per year in income along with a vacant unit that can be rented out or expand the market for additional space. Business and building are priced together aggressively to for a quick sale! A must see/must have business that will not last long! Seller will train and entertain all reasonable offers! Great Cash-Flow!! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com Lotto Commission: $11,058

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Property Features and Assets:

This is a great opportunity to own a very well known, HIGH-VOLUME neighborhood Meat Market/Grocery Store w Property in Oakland County averaging over $71,000 per week in sales! Located on a highly traveled road, this 5,400 sq ft store is located on a hard corner surrounded by plenty of residential and commercial properties to serve.

Market Competition and Expansion:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with expanding on groceries, fresh fruits & vegetables, adding a website, check cashing, ATM, Money Gram, DoorDash and Uber Eats, you have HUGE potential to the already high-volume sales and cashflow.

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.

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