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Established Grocery Store With Real Estate
Location Louisiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1584139
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1961
Number of Employees 10 - 19
Inventory 216000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available
Reason for Sale Retirement
Description This established grocery store business for sale on the West Bank of Jefferson Parish, Louisiana, has been a fundamental part of its community for over 52 years. The store has an experienced staff who know customer service and how to sell. There is a large base of loyal repeat customers who practically return daily. The sale includes the land and building (valued in 2012 at $400k), the FF&E (valued at approximately $120k), and the valuable inventory (valued at approximately $96k). The land measures approximately 1177x1411x1199x1366. The business produced approximately $1.584 million in sales last year, with approximately $65,000 annual cash flow. The business can be purchased separated for $248,000, with the land available for $400,000.
This grocery store business for sale is found in a small and cozy community on the West Bank of Jefferson Parish, Louisiana. This area is just a short drive to New Orleans, Louisiana, a major metropolitan city with all the amenities. Being just a few minutes from New Orleans affords this community the opportunity to enjoy small town living with the nearby luxuries of the big city. It is a great place to live, raise a family, and run a business.
The seller of this established grocery store business for sale is highly motivated to divest so that they can retire and enjoy their free time. Seller will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Seller will consider financing a considerable portion of the sale to a qualified buyer with a reasonable down payment. Come see this respected grocery store business for sale with Real Estate included, meet the owner, make offer.
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