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Grocery and Supermarket Business for Sale

  • March 18, 2021 9:36 am
  • New York
4-1
$1,400,000

Overview

  • Revenue : $5,000,000
  • Cash Flow : $355,000

Description

Business Description

The U.S. Supermarkets and Grocery Store industry is a $584 billion market comprised of almost 42,000 businesses across the country. Major chains include Trader Joe’s, Kroger, IGA, Safeway, and Restaurant Depot. Each year, entrepreneurs looking to break into the industry search for supermarkets for that may be for sale. Once upon a time, smaller neighborhood grocery stores cornered the market. Today, the big supermarkets attract the majority of shoppers like flies to honey. Of course, a supermarket is simply a larger version of a grocery store, usually offering more items at a lower cost. In either case, 75% of the items sold are food related, while health and beauty products, medication, and general merchandise round out the offerings.

Even with the competition from big box stores like Costco, the grocery and supermarket industry sees a steady growth rate of 1.3% annually. Buying one of the existing supermarket or grocery store businesses for sale is a smart move, as it will generally come with stock, employees, contracts, and a decent customer base. As an independent owner, you can increase your overall profits by adding an in-store deli with fresh ready-to-go meals, Lottery, tobacco, store-based coupons, special promotions, and beer or wine tasting events. Great Location, Great loyal staff & did very well this year w Covid.

Here you will find a charming town’s full service country store, This community Market. This one-stop-shop has a wide range of merchandise appropriate for second homeowners and vacation clientele as well as the local community. The market carries everything from basic groceries to gourmet foods including all natural and organic items. A newly expanded deli department features choice angus meats, cold cuts by the pound, sandwiches made to order, and homemade daily specials. You can get baked goods, breads as well as fresh produce, and frozen foods.
Non-grocery related items include bikes, etc., If you are looking for the ideal turn-key investment, look no further! Significant renovations have been made including all new equipment within the last 10 years, new windows, vinyl siding, electrical, all three decks and two sets of steps, loading dock, as well as some flooring, walls and ceilings. Heating has been updated to modern propane and a new generator is hooked up to power the storefront in case of emergencies. All is included, Equipment & the inventory of the business!
SELLER FINANCING AVAILABLE!! VERY ESSENTIAL


Detailed Information

Location: Erie, PA
Inventory: Included in asking price
Support & Training: Has a full time manager & part time supervisor FULLY STAFFED INCREASE HOURS ADD TABACCO LOTTERY BEER MORE TO MAKE.
Reason for Selling: retired lives out of state
Investment Details: Purchase shares in this supermarket for as low as $500.

Location

Erie, PA (Erie County),New York