CenterPoint Business Advisors - Exit Planning - Business Valuation - Business Brokerage

Business Consulting in New Hampshire

CenterPoint Opportunities Email CenterPoint You'll be the first to know of new opportunities. Let us know what you are looking for. Complete a Non-disclosure Agreement

Very Profitable Grocery store and Liquor store

Two adjacent, complimentary businesses: 1. An independent 3900 sf grocery store. The store and equipment are in good condition. There is a UPC scan system with 2 checkouts. The store has a popular meat department and carries fresh fish. The store is operated by one working full time owner, along with a competent, experienced staff. The store is housed in a very well kept historic building. 2. Adjacent to the market is a separate 3600 sf Country Store that operates primarily as a Vermont Liquor Agency store, selling liquor along with a large variety of beers and wines. The store also offers a unique selection of Vermont made products, specialty items, and games. The store caters both to locals wanting beverages and tourists who additionally desire the Vermont products and specialty items. The store was opened in 2006 and has grown revenue each year. The building has been renovated inside and out and includes a beautiful country porch. There are residential apartments in both buildings. The two businesses along with the real estate are being offered together.

Industry:  Food and Beverage
Industry Segment:  Grocery and Supermarkets
Geography:  United States > Vermont
Asking Price:  $1,650,000
Gross Revenue:  $2,576,000
Gross Revenue Comments:  2009
Cash Flow:  $348,700
Value of Inventory:  $120,000 (Not Included in Asking Price)
Value of Equipment:  $100,000 (Included in Asking Price)
Value of Real Estate:  $875,000 (Included in Asking Price)
Seller Financing:  Seller will consider some secondary financing to a qualified Buyer.
Year Established:  1973
Mgmt. Training/Support:  Owner will offer 40 hours of transitional services.
Reason For Selling:  Other business interests.
Facilities:  Facilities consist of a 3900 sf grocery store with ample coolers, freezers, and other store equipment. A 3600 sf country store and Vermont Agency Liquor Store with ample coolers, shelving and other store equipment. 8 recently renovated apartments and ample storage space.
Market Outlook/Competition:  This is the only full service grocery store in town. There are two gas/convenience stores in town, but are not seen as real competition. The neighboring town, about 3 miles away, also has a similar small grocery store. The store has a strong local following and benefits from the nearby ski resort for which this is the closest grocery store. Business has grown each year and is showing a strong 2009. There is no nearby competition for the liquor store, which becomes a huge draw for the grocery store.
Email:  info@cpointadvisors.com

[Back To Engagements]

CenterPoint Business Advisors - 651 Main Street, Suite 200 - P.O. Box 863 - Franconia, NH 03580 - 888.988.0999

CenterPoint Business Advisors is Proudly Affiliated with

 

International Business Brokers Association

New England Business Brokers Association

BEI
sitework by KernBuilt.com