Specialty Niche Grocery Market for Sale - Over 30 years in business

Albuquerque, NM
listing image
Sale Pending
Asking Price:$5,799,000
Gross Revenue:$10,000,000
Rent:$38,500/Month
Established Year:1990
Cash Flow:$1,800,000
Inventory:$600,000
FF&E:$1,530,000
BUSINESS DESCRIPTION

Contact Mike Barker (Business Broker) at 505-401-6268 (cell) for additional info.

Business Summary:
• Asking Price: $5,799,000 (Plus
inventory, includes trade equipment)
• Annual Sales: $10,000,000+
• Net Income: $1,800,000+ (Owner Operated)
• Property Size: Large, modern retail footprint located in
the heart of the city (40,000+ SF)
• Reason for Selling: Retirement

Business Highlights
• A specialty market that will change the way
you think about grocery shopping.
• Over 30 years in business with a solid
operating history and a stellar reputation in
New Mexico.
• Unique and specialized offering in the grocery
market, which makes it a destination location
for New Mexico and surrounding states.
• Year-over-year sales growth.
• New technology investment recently made to
help cut future labor costs.
• Strong, growing customer base with
additional capacity for growth and additional
product offerings.
• Pre-approved for SBA financing with minimal
down payment.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Albuquerque, NM
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
40,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased facility is a modern and inviting retail development, located in the heart of the prime demographic served by the business. Assets include high quality trade equipment used in the normal course of business.
Competition
Subject business is the industry leader in its market segment with no competition at the same size and scope.
Growth & Expansion
There are multiple areas for growth and expansion. Seller will discuss directly with potential buyers.
Financing
Seller is willing to offer some financing for the right buyer if bank/SBA requires.
Support & Training
Seller will provide adequate post-sale training and support (to be determined based on buyer's specific needs).
Reason for Selling
Retirement
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Mike
Barker
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Mike Barker