Established RI Grocery store

Overview

Location: RI

Primary Category: 5411 – Grocery Stores

Secondary Category: 5421 – Meat & Fish Markets

Your Reference ID: 19944

Financial Information

  • Asking$1,800,000
  • Gross: $5,477,439
  • Cash Flow: $548,601
  • Furniture, Fixtures, & Equipment: $300,000 (Included in Price)
  • Inventory: $175,000 (Included in Price)
  • Real Estate: N/A

Contact Information

summary

Description

Summary:

Established over 15 years ago, this regional grocery store currently achieves over $5M in Revenue.

Delivering market-proven product selection and professional services, the store offers groceries, seafood, poultry, bakery, custom cut fresh meats, deli, prepared foods, fresh produce, gourmet fruit gift baskets, Grab-‘N-Go deli platters and more.

The business is open 7 days a week for customers to shop in-store or order on-line for store pick-up.  The store also offers world class catering for all types of celebrations and events in the region. 

 

 

general

Information

 

Facilities: 

  • Located on a main route and at a high traffic location, the store benefits from major tourist activity and seasonal/second home communities to supplement their loyal base of customers.

  • The Facility is leased with over 10,000 SF and customized with the look and feel of a well-established, successful grocer.
  • A well-executed plan supports the store’s wide selection of products and key service departments.

     Opportunity / Growth: 

    • Grocery store operators throughout the country may see the opportunity as a strategic acquisition for access to new markets, customers and sales growth.

    • The opportunity may be acquired to operate with current store branding, or as a new and different brand entity depending on the needs and goals of the buyer.

      Support / Training: As needed for smooth transition.

       Reason Selling: Retirement

    Contact Us

    Coastal M & A

    700 Pleasant Street, Suite 535

    New Bedford, MA 02740

    contact Us

    Office: 508-990-9800
    Fax: 508-990-4288