Grocery Store OHIO
| Asking Price: | $2,200,000 |
| Gross Revenue: | $4,500,000 |
| EBITDA: | $438,000 |
| Established Year: | 1994 |
| Cash Flow: | $586,000 |
| Inventory: | $175,000 |
| Real Estate: | $1,600,000 |
Grocery Well Established and Profitable Family-Owned
* Rural Ohio location close to Amish Country, camping and famous hunting areas
* In business since 1994, this store has been a thriving mainstay of the community.
* Located on the county's busiest road and just a third of a mile from a major State Route, it sits on a prime spot.
* Real estate consists of 2.7 acres +/-
* 17,000 plus sq ft building constructed of block and metal in 1994.
* Property on the north side could easily be developed for other business if desired.
* All lighting was converted to LED inside and out in 2020
* 2021 new Trane high efficiency units were installed.
* 2021 Interior/ exterior of the building were professionally painted.
* 2021 the parking lot received a reface with a new employee parking area installed. The parking lot is very accommodating with two separate entrances/exits for easy ingress and egress.
* There is a large receiving dock area that makes multiple deliveries simple. New dock plate system and enclosure installed in July 2024.
* All offices (managerial and executive) and restrooms were remodeled in 2022.
* Refrigeration is operated through a newer modern Hussman system including all mid and low temperature cases, all installed around 10 years ago. System also features a Reclaim unit which maximizes the heat found in the refrigeration process to heat the building, in turn lowering operating costs. All maintenance is done in accordance with guidelines and is up to date through a professional contractor with records.
This business has demonstrated excellent cash flow with yearly growth close to double digit percentage. Strong records for the past six years will substantiate this as will the EBITDA. This sale is for the business and real estate together as a package deal and will NOT be separated. Inventory is separate and would be calculated at time of sale. The research that has been done for both has found the price to be below estimates and comps for the area. This is the first time this has been on the market and would make an excellent investment.
** Potential for substantial growth by adding Tobacco, Alcohol, Lottery and Gas Sales.
Store location, financials, and other confidential information will only be given to individuals that sign an NDA/Confidentiality agreement and provide pre-approval letter from financial institution.
** This is SBA eligible, seller financing is not available
*** No contracts in place that would prevent purchaser from changing business to any banner of grocery store or changing to any other type of business
