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Own a Thriving Indian Grocery Store with Loyal Customers & Prime Loc

Colorado Springs, CO
Asking Price:$250,000
Inventory:$150,000
Established Year:2023
Gross Revenue:$550,000
Rent:$4,400/Month
Listing ID: 2286310Listing provided by BizBuySell
BUSINESS DESCRIPTION

Step into a Well-Established Business with Steady Sales

Are you looking to own a thriving business in the heart of the community? This well-established Indian grocery store offers a fantastic opportunity for entrepreneurs seeking a profitable and rewarding venture. With a loyal customer base, a wide variety of authentic Indian products, and strong ties to the local community, this store is a one-stop shop for all things Indian cuisine. The store boasts a prime location with high foot traffic, excellent online reviews, and steady year-round sales. Whether you're looking to expand your business portfolio or start your journey as a business owner, this Indian grocery store is a perfect investment. Don't miss out on this unique opportunity to own a beloved business with growth potential!

DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,600
Lease Expiration
13/01/2028
Employees
1
Facilities
Tangible assets comprise equipment such as refrigerators, freezers shelving, POS systems, and carts. Leasehold improvements including brand new lighting etc.. Intangible assets include goodwill, licenses, branding, and online presence. All equipment was purchased brand new and is under warranty.
Competition
The current market condition for Indian grocery is highly competitive yet full of growth potential. The Indian grocery market is witnessing significant expansion, driven by rising disposable incomes, urbanization, and a growing preference for convenience shopping. The market is projected to grow at a compound annual growth rate (CAGR) of 8.06% from 2022 to 2027, adding approximately $289 billion in value
Growth & Expansion
Growth opportunities for include expanding product offerings to include more Indian regional specialties, organic options, and health-conscious products like gluten-free and vegan items. Increasing online presence through delivery platforms and offering subscription services could boost revenue. Engaging in digital marketing, hosting community events, and offering cooking classes can strengthen customer relationships. Collaborating with local businesses and targeting the growing Indian-American population will enhance market reach.
Support & Training
2 weeks in person and 2 weeks phone support
Reason for Selling
Focus on the job
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Kunal Suri
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Kunal Suri
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