Established Supermarket For Sale - Owner Retiring

Description

Business type: neighborhood supermarket

Current status: established operating business

Operating setup: turnkey

Profitability: reported as profitable

Reason for sale: retirement

Financial information

Annual sales: approximately $2.2 million

Annual ATM and lottery commission income: approximately $23,000

Average profit margin: approximately 36%

Cash flow: stated as strong

Premises

Ground-floor retail space: approximately 3,300 sq. ft.

Building type: high-rise residential building

Visibility: stated as excellent

Accessibility: stated as excellent

Equipment and storage

Freezers: multiple

Walk-in coolers: 3

Inventory storage capacity: established

Inventory management capability: established

Operating equipment: fully equipped

Customers and market

Customer base: established

Surrounding residential buildings: high-rise

Local customer base: more than 700 families according to the source

Neighborhood presence: established

Foot traffic: stated as consistent

Revenue channels

• Supermarket retail sales
• ATM income
• Lottery commissions

Potential buyers

• Owner-operators
• Family business operators
• Grocery retailers
• Retail investors