Absentee-Run Supermarket

Jeffersonville, GA
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Asking Price:$1,200,000
Inventory:$200,000
Real Estate:$800,000
Gross Revenue:$2,000,000
FF&E:$300,000
Established Year:1997
BUSINESS DESCRIPTION

Good news...SBA money now available , we have the lender! This Supermarket Includes real estate ( 2.29 Acres ) with the business and goodwill. Inventory at cost ( about $200K ). Gas and game machines can be added. Has NO COAM in place. All sales are provable. Proof of funds needed upon a formal offer. Can be ran with about 5-7 employees plus owner. Short hours! Closes early. Grosses over $180,000. per month ( 26% GPM ),Seller has already owned for over 12 years. We have an SBA lender ready! Buyer needs about 20% down to qualify with decent credit ( 650 plus ).


ATTACHED DOCUMENTS
Piggly-Wiggly Supermarket.pdf Download

DETAILED INFORMATION
Location
Jeffersonville, GA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Most of building has been renovated over last couple years.
Competition
small town, limited competition.
Growth & Expansion
add gas and COAM
Financing
all cash
Support & Training
yes, 2 weeks by manager or key employee
Reason for Selling
too many businesses to handle
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Mark
Mckernan
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Mark Mckernan