Since 1938 this Supermarket has served the needs of the community!
California
| Asking Price: | $750,000 |
| Inventory: | $150,000 |
| FF&E: | $200,000 |
| Gross Revenue: | $2,000,000 |
| EBITDA: | $200,000 |
| Established Year: | 1938 |
Listing ID: 2301627Listing provided by BizBuySell
BUSINESS DESCRIPTION
Community Based Supermarket with 86 year track record!
Located in a rural community of Northern California, the store carries a full line of Grocery, Produce, Meat and Liquor inventory selections that provide customers a wide range of brand name products and budget choices.
The business has been able to grow and prosper by focusing on quality, selection and customer service
DETAILED INFORMATION
Location
California
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,000
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well maintained building with 5000 sq ft sales floor, 3000 sq ft warehouse. The store has adequate warehouse, freezer and cold box storage. In addition, a 3000 sq ft upstairs open space ( owners quarters in the past) is available for lease. The store is located on approx.50 acres and has ample parking. Liquor license is a type 21 off sale general license and it is included in the asking price.
Competition
The store is the sole provider of full line of grocery products with no competition for miles around.
Growth & Expansion
Since FYE 2021 the business has experienced an 8% compound annual growth rate in sales and has produced normalized earnings for its owners. As the surrounding rural market and communities of California experience growth, core service providers like this store will benefit.
Support & Training
Short term transitional training to be negotiated
Reason for Selling
Other business interests
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