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Business Description
Just need to Rebranding.
Established Grocery Store Franchise - Statesboro, GA
This profitable grocery store franchise presents an exceptional opportunity in the thriving Statesboro market. Established in 2009, the business generates strong annual revenue of $1,654,646 with high inventory turnover in a market with limited grocery competition.
Business Overview:
- Annual Revenue: $1,654,646
- Asking Price: $100,000
- Inventory Value: $150,000
- 8 Employees
- Absentee Owner Operation
- Established Franchise System
Location & Facility:
- 16,461 sq ft retail space
- Leased at $6,515/month
- Lease term through November 30, 2025
- Prime location in Bulloch County seat
Market Advantages:
Statesboro's population of 33,438 is bolstered by Georgia Southern University and growing industries, creating a robust customer base. The market has limited grocery competition with only 4 grocery stores and 2 Walmart locations, providing significant market opportunity.
Growth Potential:
The owner identifies substantial growth opportunities through rebranding and marketing initiatives, projecting potential monthly revenue of $350,000. The high-volume turnover model and established customer base provide a solid foundation for expansion.
Operational Benefits:
- Easy-to-run franchise system
- Established customer base
- High inventory turnover
- Absentee owner model proven successful
- Experienced staff in place
Reason for Sale:
Owner is divesting to focus on other business interests, creating an opportunity for a dedicated operator to capitalize on this profitable venture.
This turnkey operation offers immediate cash flow with significant upside potential in a growing market with favorable competitive dynamics.
This profitable grocery store franchise presents an exceptional opportunity in the thriving Statesboro market. Established in 2009, the business generates strong annual revenue of $1,654,646 with high inventory turnover in a market with limited grocery competition.
Business Overview:
- Annual Revenue: $1,654,646
- Asking Price: $100,000
- Inventory Value: $150,000
- 8 Employees
- Absentee Owner Operation
- Established Franchise System
Location & Facility:
- 16,461 sq ft retail space
- Leased at $6,515/month
- Lease term through November 30, 2025
- Prime location in Bulloch County seat
Market Advantages:
Statesboro's population of 33,438 is bolstered by Georgia Southern University and growing industries, creating a robust customer base. The market has limited grocery competition with only 4 grocery stores and 2 Walmart locations, providing significant market opportunity.
Growth Potential:
The owner identifies substantial growth opportunities through rebranding and marketing initiatives, projecting potential monthly revenue of $350,000. The high-volume turnover model and established customer base provide a solid foundation for expansion.
Operational Benefits:
- Easy-to-run franchise system
- Established customer base
- High inventory turnover
- Absentee owner model proven successful
- Experienced staff in place
Reason for Sale:
Owner is divesting to focus on other business interests, creating an opportunity for a dedicated operator to capitalize on this profitable venture.
This turnkey operation offers immediate cash flow with significant upside potential in a growing market with favorable competitive dynamics.
About the Business
- Years in Operation
- 16
- Franchise
- This business is an established franchise
- Market Outlook / Competition
- Statesboro is the most populous city in and the county seat of Bulloch County, Georgia, United States. Located in the southeastern part of the state, its population was 33,438 at the 2020 census. Due to Georgia Southern college and other industries market are booming. there are just 4 grocery store and 2 Walmart.
- Opportunities for Growth
- Huge Growth opportunity. Just need to re brand store and do grand opening type event and should able to do minimum Business $250K/ Month.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 16,461
- Rent
- $6,515.00 per month
- Lease Expiration
- 11/30/2025
About the Sale
- Seller Motivation
- Have too many business so now want to minimize it.
Listing Info
- ID
- 2382231
- Listing Views
- 2326
Business Location
Listing ID: 2382231 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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