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Long Established RI Grocery Stores

Rhode Island, USA
Updated 169 days ago

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.

Real Estate

Lease

Premises Details

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.

Support & Training

As needed for a smooth transition.

Expansion Potential

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.

Inventory / Stock Value

$350,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$5.3M
RevenueMost Recent Year
$12.1M
Earnings (SDE)Last Reported
$1.5M
Assets ValueIncluded in Asking Price
$635K
Seller Financing
Not available

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