Grocery Store with Apartments
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 that includes residential apartments. Buyer has option to also buy the adjacent building and liquor store business.
Industry:	Food and Beverage
Industry Segment:	Grocery and Supermarkets
Geography:	United States > Vermont
Asking Price:	$1,350,000
Gross Revenue:	$2,344,000
Cash Flow:	$329,000
Value of Inventory:	$120,000 (Not Included in Asking Price)
Value of Equipment:	$100,000 (Included in Asking Price)
Value of Real Estate:	$550,000 (Included in Asking Price)
Seller Financing:	Seller will consider some secondary financing to a qualified Buyer.
Year Established:	1970
Number of Employees:	15 full time -
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. Five 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. There is an adjacent liquor store with no nearby competition, which becomes a huge draw for the grocery store.
Name:	O.J. Robinson
Email:	info@cpointadvisors.com

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