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Discount Grocery And Merchandising Store For Sale

  • March 18, 2021 8:46 am
  • Pennsylvania
1-1
$6,700,000

Overview

  • Revenue : $16000000
  • Cash Flow : $1700000

Description

This business is currently in an exclusivity period and not available for any new Buyers.

Much needed discount grocery and general merchandise outlet stores in Pennsylvania. The Sellers are twenty years into the business and grew to operating three strategic locations averaging 35,000 SF each with a warehouse. They are well known and offer quality grocery and products at discounted, close-out prices especially needed during these tough economic times. The outlets are always BUSY! All stores are well-equipped with POS systems, multiple loading docks with spacious parking lots. There are 160+ employees with long term key management in place. This is a turn-key business with much higher sales opportunity, if delivery option is implemented and opened on Sundays.

Properties for all three locations appraised at approximately $8.9mm. Owner seeks business and real estate be sold together as a package. Financials reflect sales, expenses and profit for all locations combined.

Property Information

Real Estate: Real Property Included
Location: Three retail locations in PA and a warehouse – owner seeks real estate and business be sold together as a package.

Business Operation

Expansion Potential: This is a turn-key business with much higher sales opportunity, if delivery option is implemented and opened on Sundays.
Reasons for selling: Retirement
Trading hours: Monday-Saturday
Employees: 165
Years established: 2001

Other Information

Support & training: Will provide
Investment Details: Purchase shares in this supermarket for as low as $500.

Location

Pennsylvania, US,Pennsylvania