Business For Sale Listing 113174
Supermarket
Status as of Nov-21-2008 at 06:07 PM: Off The Market
Business Summary
The gross sales of this retail grocery store have doubled since the current owner took it over in 1986. At that time, he added some new equipment to the store, which is about 40 miles north of Phoenix. In 1997, he added 5,000 square feet of space with a complete deli section. This is the only retail grocery store in town and the only business in town with a license to sell beer, wine and hard liquor. No more liquor licenses are available in the county. The store is known for its competitive pricing and great employees. The employees are all local people who have been with the store for years and are dedicated and friendly. With 42 years in the area, the business has deep ties to the community and enjoys an unprecedented number of loyal customers.
The business is located in a 13,800 square foot store on 0.63 acres right off I-17, which is the only highway between Phoenix and Flagstaff, where the Grand Canyon is located. Between 12-15 percent of the business comes from tourists passing through. The store is about 600 yards from the interstate and has great visibility. The town is about 40 miles north of Phoenix and expects more growth as Phoenix expands northward.
The owner might be willing to stay on for up to two weeks following the business sale to facilitate a smooth transition.
Categories
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| Location: |
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($2,437,159) |
| Profits: |
Between $100 Thousand and $500 Thousand ($147,985) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million ($2,491,985) |
