Listing ID: 69067

Business Overview

Industry: Specialty Grocery / Provisions
Year Established: 2024
Asking Price: $150,000 

Owner works here full time

Business Description

Recently opened specialty grocery and provisions store, established in September 2024. The business operates from a 1,000 square foot storefront with an unfinished basement that provides additional storage or future expansion potential, subject to approvals. The operation is straightforward with limited licensing requirements and a modern build-out already in place.

Facility & Lease

Size: 1,000 square feet

Rent: $5,500 per month

Annual Rent: $66,000

Annual Rent Increase: 3%

Lease Term: 10 years remaining

Licensing & Operations

Prep license in place

No kitchen

No beer or wine license

Unfinished basement included for storage or future use

Financial Summary (Annualized)

Gross Revenue: $500,000

Cost of Goods Sold (65%): $325,000

Gross Profit: $175,000

Gross Margin: 35%

Less Expenses:

Rent: $66,000 annually

Insurance, utilities, cable, and internet: Estimated $20,000–$25,000 annually

Net Income

Estimated Net Income: $84,000–$89,000 per year

Highlights

Newly opened in September 2024 with modern build-out

Simple operation with limited regulatory complexity

Strong gross margins for a specialty grocery/provisions concept

Basement provides operational and expansion upside

Long-term lease in place offering stability

Ideal Buyer

Owner-operator

Specialty grocery or provisions operator

Existing concept seeking a turnkey location without heavy build-out

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $110,000
  • Cash Flow: $85,000
  • Gross Revenue: $500,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.