Grocery Store
Location Pennsylvania,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $215000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Description This grocery store has served its small community for thirty-eight continuous years. Located in town on 2 acres with 100 parking spaces, the building is 14,500 square feet. This turnkey location is currently operated with absentee owners. Historically on-site ownership experienced increased revenues. Shareholders are members of Associated Wholesalers Grocery Cooperative. The Ice Cream shop is the only soft-serve/hand-dipped shop in town and is a cash business which financed the new equipment in its first year. As a full service store, it has grocery, meat, deli, produce, dairy and an ice cream shop. Daily traffic is 750-900 customers with the average weekly receipts of $60,000. Community is undergoing expansion with 800 homes being constructed west of downtown. Nearest competitors are 6-10 miles away. Employees show dedication to business with five full time employees combining for 55 years and part-time employees totaling 70 years combined experience. Contact for more information on this Grocery Store business for sale.
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