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Asking Price$995,000
Revenue$5,720,000 Established1975
Cash Flow$237,000 Employees11 full, 24 part
FF&E$300,000* FranchiseNo
Inventory$300,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This business was established in 1975 and was purchased by the current owner in 1989. The client base is very diverse mix of people from all corners of the globe. There are 60+ vendors that supply the 13,000 sku's that are on the stores shelves.
There are currently 2 store managers that handle the day to day operations of the business. The owner works 30 hours per week and orders groceries and helps with the receiving of merchandise.
The store serves several Refugee Agencies such as; World Relief, Catholic Charities, International Rescue Committee, and New American Pathways. The State of Georgia's WIC program accounts for a considerable amount of business on a consistent basis.
Competition:There are several other grocers in the area but this store has a large and loyal client base.
Growth Potential:The business could be expanded with the addition of the following; a social media program, digital coupons, curbside pick up, lottery sales, bill pay, money orders, and money transfers.
Training/Support:The Seller will agree to a mutually agreeable training and transition program.
Sale Reason:The Seller would like to retire.
Ad #105744
Seller Reference #ATLANGA003-N897
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Contact This Seller
Mark Werbalowsky
(770) 936-9099
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