St Louis City Grocery Store

Saint Louis, MO
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Asking Price:$175,000
Inventory:$45,000
Gross Revenue:$900,000
FF&E:$125,000
BUSINESS DESCRIPTION

St Louis Grocery store for SaleFinancial Snapshot: Average Sales Range: $75,000 - $80,000 (at peak times) Total Expenses: Approximately $5,500 Additional Income Streams: Lottery, ATM, Gaming Machines (with average purchases between 45% to 50%) Why Consider This Opportunity: Consistent Profitability: The grocery store has demonstrated a strong history of consistent sales, with the average kitchen sales ranging between $1,760 and $2,000 daily during peak periods. This stable revenue stream forms a solid foundation for sustained profitability. Diversified Income Streams: In addition to traditional grocery sales, the store boasts additional income sources from the lottery, ATM, and gaming machines. These elements contribute to increased revenue and underline the store's potential to thrive in various economic conditions. Prime Location: Situated in the vibrant city of St. Louis, the grocery store enjoys high visibility and foot traffic. The strategic location ensures a steady flow of customers, making it an attractive prospect for investors seeking to tap into an established market. Entertainment and Convenience: The incorporation of gaming machines and an ATM not only enhances the shopping experience for customers but also generates extra income for the business. With an average food cost rate of 45% to 50%, the store effectively leverages convenience and entertainment to drive sales. Lease Opportunity: The property is currently on lease, providing the investor with the potential to benefit from the established business model without the immediate need for property acquisition. Next Steps: We invite you to consider this unique investment opportunity and explore the potential of acquiring this thriving grocery store in St. Louis. Detailed financial statements and additional information are available upon request. Our team is prepared to address any inquiries you may have and guide you through the process of due diligence. Should you wish to move forward or require further information, please do not hesitate to reach out to us. We are excited to discuss this prospect with you and provide the necessary assistance to facilitate your decision-making process. Thank you for your time and consideration. We look forward to the opportunity to work closely with you on this promising venture.


DETAILED INFORMATION
Location
Saint Louis, MO
Inventory
Not Included in asking price
Real Estate
Leased
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Home-Based
This business is Home-Based
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Tony
Alqam
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Tony Alqam