*DEAL PENDING* High-Volume Ethnic Food Supermarket in Massachusetts
Gross Revenue: | $28,400,000 |
EBITDA: | $3,200,000 |
This unique and profitable supermarket has a long-standing history of
successful operations that spans almost 50 years! The Store is renowned for
its selection of specialty ethnic food items, as well as everyday grocery items,
making it a one-stop shopping experience for its customers and a staple in
the community. Featuring a large, newly built facility, with a dedicated deli
department, meat department, a bakery, and upper floor storage, the Store
caters to over 15,000 customers each week! With its wide range of ethnic
food and everyday products, the Store has built a strong market presence in
the area and is renowned as one of the most favored retailers among
residents.
The building was custom built within the last 10 years and was designed
for maximum efficiency and sales within its 26,000+SF store floor. The
15,000+SF of storage space allows for bulk purchasing and higher margins
than other similar supermarkets. The Store has a large parking lot, and a
public bus stop right in front of the store. Real estate is also available for
sale with the purchase of the business.
The Store presents the opportunity to acquire an established retailer
located in a newly built turnkey facility, with new, well-maintained
equipment and a team of experienced staff, thereby saving the time and
expense associated with designing, permitting, building, and staffing a
supermarket from the ground up. The existing management team is
committed to working with a buyer that wishes to continue operating the
Store as a “neighborhood store” that treats its staff and community well.