Newly Remodeled Gourmet Market

Oakland County, MI
listing image
Asking Price:$1,400,000
Gross Revenue:$10,000,000
Rent:$30,000/Month
Cash Flow:$375,000
Inventory:$750,000
BUSINESS DESCRIPTION

Great opportunity for an owner operator

Asking Price:$1,400,000.00

Cash Flow: $375,000.00

Gross Revenue: Just under $10,000,000

Inventory: Not included in purchase price

Real Estate: Long term lease

Established: N/A

ValuationReport:

Business Description

An exceptional opportunity awaits in Oakland County with the sale of a well-established Specialty Market. This business has become an integral part of the community. This Specialty Gourmet Market operates as a turnkey operation, completely remodeled, ensuring operational efficiency. This is a great opportunity for an experienced grocery store owner/operator, this opportunity presents a rare chance to step into a thriving business with a solid foundation and has room for growth as this is an absentee ran store. Spanning just under 30,000 sqft with room to expand if wanted. This is a turn key opportunity with the possibility of SBA financing. The current owners are ready to seek other business opportunities, serious buyers are invited to inquire, subject to vetting by the listing broker and Purchaser MUST provide experience and Proof of funds upon signing a confidentiality agreement.


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
27,000
Employees
45
Facilities
This includes all fixtures and equipment.
Growth & Expansion
This is an absentee ran store with room for growth. We currently do not advertise and could expand on delivery.
Support & Training
Willing to stay on for a smooth transition.
Reason for Selling
Seeking other business opportunities.
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Owner
Owner