Overview
Location: Rhode Island
Primary Category: 5411 – Grocery Stores
Secondary Category: 5421 – Meat & Fish Markets
Your Reference ID: 19966
Financial Information
- Asking: $5,300,000
- Gross: $12,071,028
- Cash Flow: $1,462,611
- Furniture, Fixtures, & Equipment: $635,000 (Included in Price)
- Inventory: $350,000 (Included in Price)
- Real Estate: N/A
Contact Information
- Contact: Adam J. Bradshaw
- Phone: 508-990-9800
- Email: a.bradshaw@nerycorp.com
summary
Description
Summary:
Two well-established regional grocery stores which currently top $12M in revenue. Delivering the same market-proven product selection and professional services, the stores offer 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 stores also offer world class catering for all types of celebrations and events in the region.
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general
Information
Facilities:
Located on a busy street in a popular town minutes from the Interstate Highway and the state’s capital city, the stores enjoy strong visibility and foot traffic from the host town and surrounding suburbs.
The facilities are leased, with over 9,000 SF and over 10,000 SF respectively, each customized with the look and feel of the grocery store brand.
A smart floor plan supports the stores wide selection of products and key service departments.
Opportunity / 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.
Grocery store operators throughout the country may see the opportunity as a strategic acquisition for access to new markets, customer acquisition, and sales growth.
- 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
