DESCRIPTION: Asking Price: $2,100,000
Included In The Asking Price:
Furniture, Fixtures And Equipment Valued At $100,000
Real Estate Valued At $900,000
Not Included In The Asking Price:
Inventory Of Approximately $250,000
Summary: This 60 Year Old Landmark Small Town Grocery Store Is Located On A Main Route Of A South Coast, Ma Town And Has A Stellar Reputation For Their High Quality Products And Friendly Service. The Business Offers A Full Line Of Meats, Deli, Dairy, Groceries Bakery, Produce, Beer, Wine, Full Liquor, And Many Locally Produced Delicacies And Favorites. The Sales Mix Is Approximately 55% Grocery, 25% Meat, 10% Produce, And 10% Beer, Wine And Liquor. The Business Typically Sells 65-70 Cartons Of Cigarettes Per Week As Well As 65-75 Sandwiches Per Day.
Sales / Financial: The Sales And Cash Flow Have Been Very Consistent Over The Past Five Years. Sales Have Ranged From$1,977,124 - $2,166,905 And The Owner’s Discretionary Cash Flow Has Consistently Exceeded $300,000. The Lottery Commission Is Steady At Approximately $20,000.
Facility: The Building Was Constructed In 1955 And Has Been Well Maintained And In Excellent Condition. There Is Approximately 194 Feet Of Street Frontage, With Easy Access To And From The Store And Approximately 20 Parking Spaces. The 4,428 SF One-Story Retail Market Contains 4 Double Sided Isles And 2 One-Sided End Isles On The Sides In Addition To The Produce Section, Meat Department, Deli Area, A Beer, Wine And Liquor Section, Cigarette Racks And 2 Customer Checkout Counters Equipped With Conveyor Belts. The Market Is Equipped With A 5-Door Cooler For Sodas And Soft Drinks, A 6-Door Walk In Cooler For Beer, A 4-Door Dairy Cooler, And A 10-Door Freezer For The Frozen Goods. Additionally, The Market Has 2 Upright And 4 Chest Freezers In The Back. There Are 2 Compressors In The Back Of The Store And 3 Compressors In The Basement. The Market Is Equipped With 2 Video Surveillance Cameras, A Motion Detector, And A Heat Activated Fire Alarm System.
Additional: The Owner Will Facilitate A Timely Transition Of The Business. Some Owner Financing Is Available To Qualified Buyers. |
