Neighborhood Market, Popular Hub, Great Ratings! (17952)

Washington

Seller Financing Available

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Asking Price:$799,000
Gross Revenue:$1,472,645
FF&E:$261,824
Cash Flow:$62,426
Inventory:$110,000
Established Year:1992
BUSINESS DESCRIPTION

Neighborhood market grocer offers retail foods such as fresh produce and quality grocery. The diverse selection includes frozen meats, fresh deli items, dry bulk and organic supplements, dairy, refrigerated goods, salads, coffees and an extensive beer & wine selection. Application has been made for an on-premises alcohol permit, which will enable customers to consume beer and wine in the store’s seating area.
? Recent pricing adjustments made to improve gross profits for 2024!
? Projections for 2024 surpass $1.5 Million, as last year’s Revenue reached $1,472,645 alongside Discretionary Earnings of $62,426.
? Monopolizing the local area, the facility sits on a high-traffic thoroughfare. The fantastic family-oriented area has gorgeous views and plenty of recreational activities!
? Located on the Olympic Peninsula of Puget Sound, Washington state, the property of 10,000 SF comes complete with retail, office, dry and cold storage, fantastic walk-in beer cooler.
? Newly installed LED lighting on entire store allow reduced utility bill!
? Strong reputation and recurring business are ensured through client referrals, online engagements, and longtime supplier relationships.
? With current soft management allowing for holidays, a GM and PT bookkeeper could enable streamlined operations absentee of ownership.
? Seller is approaching retirement and looks forward to a successor with fresh ideas taking this market to the next level.
Don’t hesitate, contact IAG for more information!


DETAILED INFORMATION
Location
Washington
Inventory
Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property measuring 6,000 square feet is Leased.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Current soft management allows for enabled streamlined operations absentee of ownership after standard transitioning.
Reason for Selling
Approaching retirement.
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Jason
Hullender
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Jason Hullender