Gourmet Grocery For Sale - Colorado Springs, CO - El Paso County

PROFILE: Gourmet Grocery

AD/LISTING INFORMATION
Status: Available
State: Colorado
Location: Colorado Spring
County: El Paso
City: Colorado Springs
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  127357
Seller Or Contact:  Don Smith
Primary Phone:  719-634-7624
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  5/14/08
Date Ad Last Revised:   5/14/08

FINANCIAL INFORMATION
Asking Price: $500,000
Down Payment: $150,000
Annual Revenue: $1,747,000
Annual Adjusted Net: $160,229
   
Price Range: $250,001-$500,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: This Unique, Upscale Grocery Store Caters To An Affluent Clientele And Offers A Broad Array Of Gourmet And Fresh, High-Quality Food Items At Cost-Competitive Prices. Originally Established Nearly Ten Years Ago In A Different Location, The Current Store Has Been Open For 4+ Years And Has Exhibited Steady Year-Over-Year Sales Growth. The 8,000+ Square Foot Store Is Located In A Very Popular, High-Traffic Retail Center Conveniently Located Near One Of The Most Affluent Areas In The State.

Fines Foods Offered By The Business Include Hand-Cut Fresh Fish And Meats, Olives, Bread, Cheese, Groceries, Produce, Deli Items, Prepared Side Dishes And Entrees, And A Full Café Serving Soups, Salads And Sandwiches. The Uniqueness And Quality Of The Company’s Offerings Tend To Attract A More Affluent Clientele, Which In Turn, Allows The Company To Enjoy Better Profit Margins Than The More Competitive Mass Grocery Market. Continued Growth And Margin Improvement Is Expected For This Business, With The Possibility Of Additional Satellite Stores In This Market Or Beyond.



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