Long Established RI Grocery Store

NOT DISCLOSED, Rhode Island

Asking Price	$5,300,000	Year Established
Annual Revenue	$12,071,028	Reason for Selling	Retirement
Annual P/L	$0	Attention	Adam Bradshaw
Annual Cash Flow	$1,462,611	Listing Number	1010025
# of Employees		Business Category	Food & Beverage: Grocery & Food Stores

Business Overview:

Two well-established regional grocery stores which currently top $12M in revenue. Delivering the same market-proven product selection and professional services, the stores offer groceries, seafood, poultry, bakery, custom cut fresh meats, deli, prepared foods, fresh produce, gourmet fruit gift baskets, Grab-‘N-Go deli platters, and more.

The business is open 7 days a week for customers to shop in-store or order on-line for store pick-up. The stores also offer world class catering for all types of celebrations and events in the region.

Property Features and Assets:

<p><br></p><p> </p><p>Located on a busy street in a popular town minutes from the Interstate Highway and the state’s capital city, the stores enjoy strong visibility and foot traffic from the host town and surrounding suburbs.</p><p> </p><p> </p><p>The facilities are leased, with over 9,000 SF and over 10,000 SF respectively, each customized with the look and feel of the grocery store brand.</p><p> </p><p> </p><p>A smart floor plan supports the stores wide selection of products and key service departments.</p><p> </p>

Market Competition and Expansion:

<p><br></p><p> </p><p>The opportunity may be acquired to operate with current store branding, or as a new and different brand entity depending on the needs and goals of the Buyer.</p><p> </p><p> </p><p>Grocery store operators throughout the country may see the opportunity as a strategic acquisition for access to new markets, customer acquisition, and sales growth.</p><p> </p>

Additional Details: