MergerPlace

Independent Grocery Sore - Well Established and Profitable since 1975

DeKalb, Georgia (DeKalb)


  • Asking Price: $500,000
  • Gross Income: $5,539,867
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $300,000
  • FF&E: $300,000
  • Listing ID: #209286
  • Established: 1975
  • Employees: 11

Business Description

The business was established in the 1975 and was acquired by the current owner in 1989. The client base is a very diverse mix of people from all parts of the globe. There are 60+ vendors that supply the 13,000 Sku’s that are on the shelves.

There are currently 2 store managers that handle the day to day operations of the business. The owner works 30 hours per week and orders groceries and helps receive merchandise.

The store serves several Refugee Agencies such as; World Relief, Catholic Charities, International Rescue Committee, and New American Pathways. The State of Georgia’s WIC program accounts for 20 to 25 percent of the store’s overall revenues.

This is an opportunity to acquire a well- established and profitable business that has considerable upside growth potential.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: Georgia
Metropolitan Area: DeKalb
County: DeKalb

Company Information

Year Established: 1975
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 11

Financial Information

Asking Price: $500,000
Gross Revenue: $5,539,867
EBITDA: $203,618
FF&E: $300,000
Inventory: $300,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

The business could be expanded with the addition of the following; a social media program, digital coupons, curbside pick up, lottery sales, bill pay, money orders, and money transfers.

Competition:

There are several other grocers in the area but this store has a large and loyal client base.

Reason for selling:

The Seller would like to retire.

Support & Training:

The Seller will agree to a mutually agreeable training and transition program.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mark Werbalowsky

Sunbelt Atlanta