Indian Grocery Store
Business Description
Established Indian Grocery Store - Prime Shelby County Location
This well-established specialty grocery store has served the South Asian community in Shelby County, Tennessee since 2010. Located in a safe neighborhood near major supermarkets and city roads, this turnkey operation generates strong annual revenue of $620,000 with healthy cash flow of $90,000.
BUSINESS OVERVIEW:
The store operates from a spacious 2,700 square foot leased facility at $3,843 monthly rent, with lease extending through March 31, 2026. The business benefits from an exclusive market position as the only Indian grocery store within an 8-mile radius, serving a substantial South Asian population in the area.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $620,000
- Cash Flow (SDE): $90,000
- FF&E Value: $140,000
- Inventory Value: $100,000
- Established 14-year operating history
- Asking Price: $129,000
GROWTH OPPORTUNITIES:
Significant expansion potential exists through:
- Adding fresh meat department (adequate back room space available)
- Implementing home delivery services
- Enhanced local marketing to dense population base
- Projected additional monthly sales of $15,000-$20,000 from these initiatives
COMPETITIVE ADVANTAGES:
- Monopoly position in 8-mile radius
- Strong demographic alignment with dense South Asian community
- Easy-to-operate business model
- Prime location with high visibility
- Established customer base and supplier relationships
The seller is reducing their business portfolio and offers comprehensive support including two weeks of in-person training plus 30 days of phone consultation.
This represents an excellent opportunity to acquire a profitable, established grocery operation with clear expansion pathways in an underserved market segment.
This well-established specialty grocery store has served the South Asian community in Shelby County, Tennessee since 2010. Located in a safe neighborhood near major supermarkets and city roads, this turnkey operation generates strong annual revenue of $620,000 with healthy cash flow of $90,000.
BUSINESS OVERVIEW:
The store operates from a spacious 2,700 square foot leased facility at $3,843 monthly rent, with lease extending through March 31, 2026. The business benefits from an exclusive market position as the only Indian grocery store within an 8-mile radius, serving a substantial South Asian population in the area.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $620,000
- Cash Flow (SDE): $90,000
- FF&E Value: $140,000
- Inventory Value: $100,000
- Established 14-year operating history
- Asking Price: $129,000
GROWTH OPPORTUNITIES:
Significant expansion potential exists through:
- Adding fresh meat department (adequate back room space available)
- Implementing home delivery services
- Enhanced local marketing to dense population base
- Projected additional monthly sales of $15,000-$20,000 from these initiatives
COMPETITIVE ADVANTAGES:
- Monopoly position in 8-mile radius
- Strong demographic alignment with dense South Asian community
- Easy-to-operate business model
- Prime location with high visibility
- Established customer base and supplier relationships
The seller is reducing their business portfolio and offers comprehensive support including two weeks of in-person training plus 30 days of phone consultation.
This represents an excellent opportunity to acquire a profitable, established grocery operation with clear expansion pathways in an underserved market segment.
About the Business
- Years in Operation
- 15
- Employees
- 1 (1 Full-time)
- Market Outlook / Competition
- Good numbers of familes in nearby area from South asian countries. No other Indian grocery store with in 8 mile radius.
- Opportunities for Growth
- Add meat and start home delivery services. There is enough room in back to add meat cutting. This all can generate additional monthly sale of 15-20,000 or even more if advertized properly to local population, which is pretty thick in the area.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $3,843.00 per month
- Lease Expiration
- 3/31/2026
About the Sale
- Seller Motivation
- Reducing the portfolio
- Transition Support
- Two week training in person and 30 days via phone
Listing Info
- ID
- 2413477
- Listing Views
Listing ID: 2413477 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.