Business For Sale

Very Stable Salvage Grocery Store of 32 Years

Midland, TX
Howard County


Asking Price: Annual Revenue:
$220,000 $1,063,408

Food & Beverage: Miscellaneous


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RE: Very Stable Salvage Grocery Store of 32 Years Broker: Tom Smith
Owner Financing is Available!
Seller will finance to a qualified buyer with $120,000 down.

Quick Facts

Asking Price: $220,000
Annual Revenue: $1,063,408
Net Profit: Not Disclosed
Cash Flow: $106,340
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 13
BBN Listing #: 638336117
Broker Reference #: 01082018-4

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Business Overview:

This business has been a stable entity for 32 years, with 27 years at the current location. Their primary business is to purchase salvage groceries from liquidation events, damaged goods, overstock and reset operations. They retail the products with very high margins ranging from meats and produce to boxed and canned goods, essentially all that you would find in a brand name grocery storefront. They have a very stable and loyal customer base that provides stable, consistent revenue. They also wholesale to several other salvage grocery retail outlets.

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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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