Community Favorite Market

Asking Price$2,100,000

Cash Flow
$600,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$210,000
Included in asking price
FF&ENot Disclosed

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Community Favorite Market


Asking Price$2,100,000

Cash Flow
$600,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$210,000
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
The business acquisition opportunity is a community favorite market occupying slightly under 15,000 square feet of retail space that merchandises to its customers a mix of organic produce, in-house baked goods, deli items, a large selection of alcoholic and non alcoholic beverages, and a selection of locally sourced lifestyle products that make perfect gifts.

The staff of the business consists of approximately 20 long tenured full & part-time individuals. Current ownership provides store management, executive oversight, financial planning, and niche merchandising.

The present rent amount for use of the space is $11,000 plus an estimated $6,250 in triple net charges. The present lease runs through June 30, 2032 with an option to extend through June 30, 2037. The current lease also includes right of first offer to purchase real estate.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
14,760
Rent
$17,250.00 per month
About the Sale
Transition Support
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
Financing Options
The seller will finance a portion of the sale price for a qualified buyer.
Listing Info
ID
2435259
Listing Views

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Listing ID: 2435259 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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