Farmers Market Style Store- Ideal Location!

Asking Price$695,000

Cash Flow
$242,359
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,282,055

Inventory$50,000
Included in asking price
FF&ENot Disclosed

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Farmers Market Style Store- Ideal Location!


Asking Price$695,000

Cash Flow
$242,359
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,282,055

Inventory$50,000
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This staple in the local community is in a very busy strip mall.

Hours of operation are 8am-8pm Mon- Sat and 8am-7pm Sunday.

The store sells roughly $40K/week on average. They sell a variety of products such as meats, groceries, dairy, produce, and general consumer packaged goods. The vast majority of sales are produce, estimated at approximately 60% of total revenues. Groceries and dairy make up the next largest categories. The seller has a POS system, which will be leveraged in due diligence.

The owner does not stock shelves or work the cash register. He handles purchasing, manages the payroll/employees, and provides general oversight.
About the Business
Years in Operation
16
Facilities & Assets
$11K/mo; 3K sq. ft.
5 yr plus 5 yr option, renewed in 2019

Located in a busy strip mall on a major roadway
Market Outlook / Competition
There are not many other high quality stores like this close by for consumers
Opportunities for Growth
Growth opportunities include wholesale/supply to restaurants, offering delivery, and capitalizing on new building development which will lead to an influx of population
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$11,000.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Personal Reasons
Transition Support
Seller is willing to stay on for 1-3 months to support transition
Listing Info
ID
2437119
Listing Views
162

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Business Listed by: Michael Janis Business Brokers Plus

Listing ID: 2437119 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.