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Incredible Retail / Food Service Franchise Business For Sale

  • March 18, 2021 9:12 am
  • Georgia
5d4d7171f35fc
$1,450,000

Overview

  • Revenue : $2,337,000
  • Cash Flow : $500,000

Description

Business Description

Established Food Service/Local Grocery Franchise for Sale. One of six operating locations which will be sold as franchised businesses in the Atlanta market. All are successful. This location is a deli/local grocery business in a great location.

Savi Provisions is a neighborhood destination that markets locally-sourced gourmet and organic foods, fine wines, and spirits, with a generous environment to sample and celebrate the fruits of everyone’s labors. As an integral part of the neighborhood, an advocate for local sourcing, and an enthusiast for the nostalgic purveyor, Savi Provisions has multiple locations in Buckhead, Brookhaven, Inman Park, Midtown, and Decatur, GA.

Since its inception in 2009, Savi Provisions has developed and implemented a model that is based upon a flexible growth strategy. Founded by entrepreneur, developer, and investor, Paul Nair, Savi Provisions revisits the role of the original purveyors who built generational relationships with farmers, vineyards, and distilleries to serve their local communities. They put out a shingle, sourced the best organic fruits and vegetables, purchased the finest wine and spirits, and invited neighbors to join them around the table to celebrate that bounty.
Inventory = $150k
Equipment = $300k
Net Profit = $500k

Total Value = $1.45million


Detailed Information

Location: Atlanta, GA

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 3,000

Lease Expiration: 12/28/2023

Employees: 15

Furniture, Fixtures, & Equipment (FF&E): Included in the asking price

Facilities: High Profile Retail Location. Great traffic and significant upside for a unique combination of food service and local grocery retail.

Competition: Competitive markets on both food service and grocery individually, but no competition with the combined offering. Could be compared to a Trader Joe’s type model.

Growth & Expansion: Enormous upside in revenue and profitability opportunity

Support & Training: Franchise will incorporate training from corporate staff and resources both at corporate locations and onsite at the location.

Reason for Selling: Needs an owner/operator

Franchise: This business is an established franchise

Investment Details:

Purchase shares in this supermarket for as low as $500.

Location

Atlanta, GA (Dekalb County),Georgia