Under Contract- Profitable Specialty Grocery Store near Columbus, OH.
Madison County, OH
Sale Pending
| Asking Price: | $500,000 |
| Gross Revenue: | $1,418,401 |
| Rent: | $3,000/Month |
| Established Year: | 1960 |
| Cash Flow: | $170,597 |
| Inventory: | $55,000 |
| FF&E: | $148,589 |
Listing ID: 2180177Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established, popular specialty food store located outside of Columbus, in central Ohio. This business was established more than 50 years ago and has continued to grow throughout its existence.
This full-service grocer specializes in high-quality deli meats and cheeses, handmade baked goods, and specialty gourmet foods.
The classic storefront is as unique as the gourmet foods offered, with aisles that are thoughtfully packed with both everyday favorites and specialty food items that can’t be found elsewhere.
The owners have streamlined the business so a new owner can simply continue to run this profitable turn-key business!
DETAILED INFORMATION
Location
Madison County, OH
Inventory
Not Included in asking price
Real Estate
Leased
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller will Also discuss sale of Real Estate to qualified buyers.
Competition
Very few Grocers are located within 20 miles of this establishment.
Growth & Expansion
1. Only local store went out of business in December of 2017.
2. There are currently eight housing locations that are either planned, under construction or have been finished in the past few years, adding up to 14,000 new units. Not all of the new units will be individual houses, however. Multi-family homes and apartment complexes are also in the plans.
4. Popularity of shopping Local will attract customers from the surrounding areas.
Financing
Will consider to some financing to qualified buyer.
Support & Training
The current owner will work with new buyer to learn all facets of the operation.
Reason for Selling
Owner wishes to concentrate on other business ventures.
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