Neighborhood Specialty Grocery Store

Not Disclosed, CA
San Luis Obispo County

Central Coast of California


Asking Price: Annual Revenue:
$1,995,000 $5,600,000

Food & Beverage: Grocery & Food Stores


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RE: Neighborhood Specialty Grocery Store Broker: Gary Bayus
License #: 01377597
Owner Financing is Available!
Seller will consider some financing for a qualified buyer.

Quick Facts

Asking Price: $1,995,000
Annual Revenue: $5,600,000
Net Profit: Not Disclosed
Cash Flow: $375,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 26
BBN Listing #: 71631127
Broker Reference #: 4901-190604

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Business Overview:

This specialty grocery store with a service deli and BBQ abilities is a neighborhood staple in a “retirement/golf” community. Customers are loyal and shop there at least once a week. Even for people on a strict budget, impulse buys are still a part of the grocery shopping experience. At this specialty store, those purchases are the result of the carefully crafted marketing plan aimed at the customers they know so well.

Located approximately 7 miles from the nearest chain store and offering better quality, pre-prepared meals and a “community” feel has kept the profits up.

They offer an upscale wine, specialty food, and a large gluten-free section along with the freshest produce and helpful staff. Unique gift items and fresh florals are also a winning touch. The software was updated a year ago, and the staff is well trained in customer service and upselling.

The business has all the systems in place to give a working owner weekends off and secure management who are willing to stay.

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:

14,000 square feet leased space.

Reason for Selling:

Retirement

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.

Relevant Links:

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