Listing Number: 86715-877846
Description
SBA Prequalified
The company has been in business for over 14 years as a retail food and specialty grocery business. The company has achieved consistent sales year over year while serving their community and creating an established reoccurring customer base for consistent same day sales activity.
The business has a ready-made staff with low turnover. The store location has great visibility with plenty of space to support additional sales. The seller owns the property, which gives the business a marketable lease agreement.
The equipment is in working condition and the store has established and long term relationships with premier food suppliers helping the store achieve improved year-over-year gross profit margins.
Listing Details
- Price: $550,000
- Down Payment: $444,000
- Sellers Discretionary Earnings: $146,352
- Total Sales: $1,821,844
- Location: Calhoun County, Alabama
- Inventory: $45,000
- FF&E: $268,905
- Employees: 12
- Year Established: 2009
- Reason for Selling: Retirement
- Category: Food Business Retail
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