MergerPlace

Beautiful Newly Remodeled Grocery Store

Oregon


  • Asking Price: $1,700,000
  • Gross Income: $2,294,429
  • Cash Flow: $354,241
  • Real Estate: Not Disclosed
  • Inventory: $125,000
  • FF&E: $250,000
  • Listing ID: #209739
  • Established: 1970
  • Employees: 11 FT

Business Description

Beautiful newly remodeled full service grocery store. Current owner purchased two years ago and the store increasing in sales exponentially. Closest competition to them retired/closed this year meaning that things are only going to improve on this already profitable store. This is a great opportunity to own the store and the Real Estate.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Oregon

Company Information

Year Established: 1970
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 11 FT

Financial Information

Asking Price: $1,700,000
Gross Revenue: $2,294,429
Cash Flow: $354,241
FF&E: $250,000
Inventory: $125,000
Seller Financing Available: Yes

Property Information

Facilities:

Totally remodeled, all new systems -- amazing finishes extremely clean great parking.

Growth & expansion opportunities:

This store was under construction for 3 months at the end of 2017 first part of 2018 and yet remained very profitable. Since the remodel they are seeing daily increases year over year of 50% on average.

Competition:

There is no competition within this community and nothing like this in any of the surrounding communities.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ $0 cost. All the normal grocery licensing required.

Contact Business Seller

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Business Listed By:

Teresa Farrell

Murphy Business Brokers