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ID #: 1107
Price: $480,000 + Inventory
Status: Sold
Agent: Bret Lowrey
Tele #: 530-274-3615
 

If you would like the business name, address & detailed information, CLICK HERE.

Grocery Store - Full Service Large Neighborhood Store: This is an independent full service neighborhood grocery store, which has been locally owned for over 50 years and is known for their outstanding customer service, USDA Choice meats, excellent wine selection and fresh produce. The store offers meats, fresh produce, liquor, wine, beer, bakery, gourmet and organic foods along with the usual grocery brand name items. Services include a video department, money orders, barbeque, and floral department. The owner has built a hi-volume business with an excellent reputation for good prices and friendly service. The store was partially remodeled 2005, which resulted in an increase in sales of 20%. The store is approximately 13,500 feet, which includes ample office space. The business leases the property for $8,325 per month and the rent increases by $225 per month on every annual renewal. The lease expires on December 31, 2014 and the landlord will consider extending the lease to a qualified buyer of the business. The owner manages the business and has 19 employees including 4 managers, clerks, produce and meat clerks and courtesy clerks. Wages range from $9.65 to $18.75 per hour. This business offers a buyer the rare opportunity to purchase a well established grocery store and is perfect for an experience market owner or grocery store manager looking acquire a good established successful full service grocery store.

Revenues: $3,800,000 Adj. Net Profit: $139,000
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