New Community Grocery Store

Baldwin County, AL

Asking Price: Annual Revenue:
$300,000 $705,166

Food & Beverage: Production - Bakery, Farms, Winery

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RE: New Community Grocery Store Broker: Jim Boyd

Quick Facts

Asking Price: $300,000
Annual Revenue: $705,166
Net Profit: Not Disclosed
Cash Flow: $30,590
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 28194450
Broker Reference #: 17411 Boyd

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Business Overview:

New community grocery store with a deli and meat market. Owner just built this store, everything is new. New owner must buy the business for $300,000 and the real estate for $700,000 for a total purchase price of $1,000,000. The acre of land and the 7,700 square feet building on a corner lot are worth over a million dollar. This price includes $175,000 worth of furniture, fixtures and equipment and $117,000 worth of inventory. The two additional bays are leased for an extra $1,000 a month income. This is the only store in the community and they do a very high volume and great deli business. The area is growing with retires who want to live close to the water. New owner could immediately increase revenue by selling propane.

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Reason for Selling:

other business interest

Additional Details:

  • The property is owned.
  • The owner is not 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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