High Profit Independent Grocery Store

Category:
ST10780 - Markets & C-Stores

Location:
Northern California - Central Valley

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High Profit Independent Grocery Store

Business Description:

This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With over $1.4 Million in Discretionary Earnings, this opportunity is perfect as a family business or an add-on to a regional chain. Well trained Genaeral Manager and staff will remain with the operation.

Asking Price: $6,950,000

Inventory (included): $900,000

Real Property Available: No

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Recast Earnings (Not Verified by Business Team)

12 Months Ending

12/31/2021

$18,201,529

(Sales)

$1,413,720

(Adjusted Cash Flow)

12 Months Ending

12/31/2020

$17,885,726

(Sales)

$1,521,334

(Adjusted Cash Flow)

12 Months Ending

12/31/2019

$15,063,382

(Sales)

$942,971

(Adjusted Cash Flow)

Operations

# of Employees

Full Time

Part Time

Non-Owners

42

2

Owners

1

0

Hours of Operation
7AM-9PM

Licenses Required:

Health

Liquor

Business

Lease

Monthly Rent Including NNN: $35,738

Expires: 9/30/2024

Option: For 10 years

Size(sq.ft.): 33,391

Miscellaneous

Type of Organization: S Corp

Reason for Sale: Retirement

Training: 4 weeks 30 hours

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.

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BRE #01160661
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