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Established Grocery & Hardware Store For Sale
Location: United States -> Alabama -> Jefferson County
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

Attention buyers! Supermarket and hardware store for sale. A 2 for 1 special real estate is also available directly through the seller for $499,900 when purchasing the businesses for $139,900 Inventory not included. This is a spectacular deal on this business which has been operating for 35 years in the same community with virtually no competition.

The current owner purchase the business one and a half years ago while already owning additional businesses. The seller has decided to put this profitable business up for sale due to the work overload and the time needed for this business to be at its optimal performance. Ideally, this business can be the communities multipurpose shopping destination.

The supermarket has approximately 12000 square feet of showroom and shelving space for everything from canned goods, dairy products, household items, to freshly cut meat. The hardware store has up to 3000 square feet of floor space to shelve everything from hammers, tool boxes, saws, and much more.

Combined sales for the two businesses are currently at $70,000 per month with the cost of goods sold at about 70% and gross profit margin at about 30% for the Supermarket, and the hardware store has a better profit margin at about 50% and currently is averaging $7,000 per month. The business was generating revenues in excess of $100,000 per month in 2013 and 2014 and can do that now with some additional upgrades per the seller.

This is an excellent opportunity for the buyer that is looking for a lifestyle business in a community that offers a great school system, parks and recreation, and just far enough away from the big city to raise a family. The seller is offering the real estate to be purchased, real estate contract, lease/option, or lease to the first qualified buyer. If buyer chooses to lease, the monthly payment will be $3,500 per month net. That in and of itself an extremely good deal with automatic lease approval for an accepted buyer for the businesses.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $700,000
Cash Flow:   $36,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller will train the new owner.

Photos

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Established Grocery & Hardware Store For Sale Photo 1 Established Grocery & Hardware Store For Sale Photo 2




Print Listing Id: 700272828
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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