Profitable, Full Service Grocery Store - Great ROI
Location: New Hampshire > Merrimack County > Central / Southern Lakes Region
Industry: Food and Beverage > Grocery and Supermarkets
Financials
Asking Price: $699,000
Gross Revenue: $1,959,223
Gross Revenue Comments: 2007
Cash Flow: $215,898
Cash Flow Comments: 2007 total cash flow available
Inventory: $175,000 (Not Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Real Estate: $395,000 (Included in Asking Price)
Seller Financing: Cash or Bank Financing
Business Summary
A bank has pre-approved the financing for this profitable full service grocery store. A qualified buyer with $250K to $300K in cash can achieve a return on investment up to 25% with this real estate backed investment. It has been the primary supermarket in the area for 50 years. The opportunity is offered at a price that provides ample upside opportunity for a knowledgeable operator or an individual with good management skills. Grocery stores are one of the most desirable business opportunities in the New Hampshire market...call today!
About the Business
Year Established: 1950
Employees: 15 full time - 2 part time
Facilities: 6,154 (+/-) sq. ft, Deli/Kitchen, recent upgrades to equipment & real estate
Market Outlook and Competition: The store is located in a stable competitive market. The town is largely working class with most residents working in the town or commuting to nearby population centers. Corporate competitors have located in population centers or resort areas 10+ miles away. Town administrators report no current competitive interest in the area, large or small.
About the Sale
Management Training and Support: Transitional services will be provided
Reason For Selling: Pursuing other interests

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Listing Tools
BizQuest ID:879922
Business Listed By
Name:Michael F. Coyle, CBI
Company:CenterPoint Business Advisors, Inc.
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