1. Home
  2. Businesses for Sale
  3. North Carolina
  4. Supermarket

Business for Sale Summary

Long Established Supermarket - 31091

Business Type: convenience store,delicatessen/catering services,other food stores,supermarket
Long Established Supermarket
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 34 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $3,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $108,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and

Business Description

This long-established supermarket is located in an area with great demographics plus minimal competition. The store benefits from having a well known franchise name plus being located in a great fast growing area of the state. 15,500 sq. ft. building with very clean, well-maintained and modern interior. 10,000 sq. ft. selling floor. Very spacious parking lot which is planned to be repaved. Specializing in fresh meats, the store has been able to maintain great profitability. Gross margins now running 22%. ABC and EBT. New owner could add tobacco, loterry or check cashing to earn even more profits. Franchise does all advertising and accounting. Licensing required to stay with current franchise. Great opportunity for owner-oeprator. Seller is willing to provide some training. Please contact the broker at 1-877-735-5224.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.