Business For Sale

Extremely Profitable Supermarket - a Cash Cow

Not Disclosed, MO


Asking Price: Annual Revenue:
$4,999,000 $17,879,238

Food & Beverage: Grocery & Food Stores


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RE: Extremely Profitable Supermarket - a Cash Cow Broker: Jun Li
Owner Financing is Available!
$2,499,500.00

Quick Facts

Asking Price: $4,999,000
Annual Revenue: $17,879,238
Net Profit: Not Disclosed
Cash Flow: $2,625,894
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 53
BBN Listing #: 646851474
Broker Reference #: 5301-76667

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Business Overview:

This is a must-get CASH COW! The owners opened this supermarket 13 years ago. It is a stable and growing business, that has been bringing owners more than two MM on a yearly basis. It sells everything including fresh produce, meat, seafood, diary, BBQ, wine, beer, liquor, tobacco, lottery and all you can think of. It boasts international food expo, Chinese, Japanese, Indian, Vietnamese, Korean, Thai, central American, Persian, Caribbean, African and many more foods. Owners have spent $1.5MM in 2015 to expand the store by 11,000 square feet. Included in that is a 450kw generator the can run the entire store. Also built was walk-in refrigerated fresh produce section that is twice as large as the ones in a Costco store. A brand new produce prep room was built to maintain the freshness and quality of the produce on a daily basis. All of the coolers and display freezers are brand new and of the highest quality. The produce department is now over 5,000 square feet. We have also installed a brand-new transformer to support the new facility. The owners also operate the best Deli you can ever find in a supermarket. There roasted pig attracts customers from They sell large variety of international foods that are prepared by their professionals on a daily and weekly basis. The liquor department is has over $300,000 of inventory which is unheard of for an International market of this type.

Another plus for this business is that new owners do not need to work full time. There are about ten key employees who have worked for the current owners for about 10 years. There is a manager who basically runs the daily operation. All of them will stay loyal to the business and new owners. Current owners will work with new owners with detailed transition plan and support the new owners through out the process.

Growth opportunities: They have over 200 long time well-establish business clients. Those clients come weekly buying in bulk. The owners are just maintaining current clientele at this point. There is a huge opportunity to tap in to adding a wholesale delivery business. With two delivery trucks and a few more employees, you can create a whole new addition to this thriving business. There is also strong market need to open another one half of this size on the other side of the city. That may reduce the cost, and expand the market share in the city even larger.

As large revenue as a business has, marketing expenses is next to zero. New owners have the opportunity take it over and grow it to its highest potential, once implements some effective marketing efforts.

The owners are very motivated to sell and move on with other investment opportunities. They will stay to train new owners for up to four weeks at no cost. The owners are willing to finance up to 50% pf the sales value. That itself shows the confidence and high hope they have for the new owner to be successful.

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Property Features and Assets:

This international supermarket has been here for 13 successful years.

Market Competition and Expansion:

By far, this is THE largest international food supermarket in entire city. This has been in operation for 13 years and going strong. They have the name recognition not only among ethnic groups not also cross the board. There are strong market demand for opening the second one on the other side of the city. There is also demand for wholesale delivery operation. 50% plus growth with new store and wholesale delivery.

Reason for Selling:

Other opportunities.

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:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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