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Businesses For Sale   >>   Retail Businesses For Sale

Retail Grocery Store, Meats, Produce, Beer & Wine

Location  United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2700000
Net Profit / Cash Flow  $55232
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1953
Number of Employees  20 - 34
Inventory  775000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Key employees will most likely stay after sale. Owner available for reasonable transitioning.
Reason for Sale  Approaching Retirement

is family-owned business is an established grocery store that also sells beer and wine. It is located in the heart of an up-and-coming Austin neighborhood. In addition to their full selection of fresh meat and produce, they also have an extensive wine selection and beer cave. The store is known for their convenience and great selection, as well as their assortment of local products that may not be found at other stores. The ease of shopping and variety of products keep customers coming back. The business was first established in 1953 with the current ownership. Over the many years it has been in business, the store has gained a reputation in the community for convenience and a quality selection. The current owner wants to retire and spend time with his family. Recent additions to the store include a wine corner and beer cave, both of which greatly increased their selection. Grocery sales contribute 56% to the revenues, meat to 13%, produce to 9%, and 22% is attributed to sales of beer and wine. A full staff of employees works diligently to make sure the store is well-stocked and presentable, as well as provide great customer service. The store's location in a transitioning upscale area makes this a great opportunity for success. For more information on this business, contact our offices today! The 11,000 sq ft facility is located on a two acre lot and is owned with an option to purchase. 1,500 sq ft of the location is storage; the retail area includes produce, a meat department, frozen, refrigerated section, dry goods and front end with registers. Up for negotiation, is 20% ownership of the shopping center where it is located. Asking price $1,200,000.00

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