Prime Location in North Ann Arbor. Ethnic Grocery Store

Asking Price$200,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$450,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
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Prime Location in North Ann Arbor. Ethnic Grocery Store


Asking Price$200,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$450,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Business Description
Established ethnic grocery store in prime North Ann Arbor location offering exceptional growth potential for the right buyer. Operating successfully since 2010, this 2,000 square foot retail operation generates $450,000 in annual revenue with $75,000 in seller's discretionary earnings.

BUSINESS OVERVIEW:
This specialty grocery store serves the diverse Ann Arbor community with ethnic foods and products, maintaining a loyal customer base built over 14 years of continuous operation. The business operates from a well-positioned location with a secure lease through December 2029 at $3,500 monthly rent.

FINANCIAL HIGHLIGHTS:
- Annual Revenue: $450,000
- Cash Flow (SDE): $75,000
- Established customer base with 14-year operating history
- Furniture, fixtures & equipment valued at $75,000

GROWTH OPPORTUNITIES:
Significant expansion potential exists through:
- Development of online sales platform and e-commerce presence
- Implementation of delivery services to capture broader market
- Wholesale distribution to local restaurants and food service establishments
- Enhanced business operations and marketing strategies

The current owner notes substantial room for growth with proper online presence, delivery capabilities, and wholesale partnerships. The ethnic grocery market in Ann Arbor presents opportunities for increased market penetration and revenue expansion.

LOCATION & LEASE:
Prime North Ann Arbor location in Washtenaw County provides excellent visibility and accessibility. Favorable lease terms secured through 2029 offer stability and growth runway.

OWNER SUPPORT:
Seller retiring after successful 14-year operation and willing to provide training as needed to ensure smooth transition.

This turnkey operation represents an excellent opportunity for an entrepreneurial buyer to acquire an established business with proven revenue streams and significant untapped growth potential in the expanding ethnic foods market.
About the Business
Years in Operation
15
Market Outlook / Competition
Can grow exponentially with the right owner by getting an online web presence (website and online store), delivery services, wholesale to local restaurants, organization and a business mindset.
Opportunities for Growth
Lots of potential
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$3,500.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Retirement
Transition Support
Can train as needed
Listing Info
ID
2413461
Listing Views
46

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Business Listed by: Hardik Patel

Listing ID: 2413461 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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