Established Specialty Grocery Store with Real Estate

Asking Price$3,100,000

Gross Revenue
$4,496,741

Net Operating Income$252,237

FF&E$300,000
Included in asking price
Building Sq. Ft.19736

Price per Sq. Ft.$157.00

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Established Specialty Grocery Store with Real Estate


Asking Price$3,100,000

Gross Revenue
$4,496,741

Net Operating Income$252,237

FF&E$300,000
Included in asking price
Building Sq. Ft.19736

Price per Sq. Ft.$157.00

Property Description
Specialty Grocery providing the Highest-quality meats (We work directly with regional farmers to procure hand-picked, premium produce. Our meat department and experienced butchers offer custom cuts and an extensive variety), poultry, deli, bakery, dairy and pantry foods — plus a robust wine, beer and spirits section, bulk nuts and grains, and nostalgic candies. Market shoppers appreciate our specialty ingredients and commitment to only stocking foods we’d serve at our own tables.
SELLER IS WILLING TO NEGOTIATE A SALE THAT DOES NOT INCLUDE ASSETS AND INVENTORY IF A POTENTIAL BUYER WOULD LIKE TO UTILIZE THE REAL ESTATE FOR A DIFFERENT PURPOSE.
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
Fully functioning grocery store with all inventory (approximate value $300,000) and equipment (approximate value $300,000) are included. Please inquire with broker for complete asset list.
SELLER IS WILLING TO NEGOTIATE A SALE THAT DOES NOT INCLUDE ASSETS AND INVENTORY IF A POTENTIAL BUYER WOULD LIKE TO UTILIZE THE REAL ESTATE FOR A DIFFERENT PURPOSE.
Location Description
seller will offer three weeks of complimentary training/transition services.
Current and Prior Use
This location has functioned as a specialty grocer for over 40 years.
Year Built
1995
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Property Tax: $27,205; Utilities: $87,033
Listing Info
ID:
2388544
Listing Views:
265

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Property Listed by: Tiffany Kert Next Phase Business Advisors

Listing ID: 2388544 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.