Sold. Bustling City Supermarket On Major Road

Bustling City Supermarket on Major Road. This location will make any owner proud. Clean, well-lit and popular, this store has built up a strong customer base. Monthly sales of $200,000 at a 28% profit margin, additional income from lottery, check cashing, and phone cards of $2500/month. Current total net benefit to ownership is approximately $175,000/year.

To launch a brand new store of this size would cost well above the asking price (In 2009, the owners invested $300,000 in equipment alone) - and it would not have the benefit of the established customer base and sales history.

Opportunities to increase profitability exist in cost reduction and expanding marketing efforts.

The partners want to sell in order to retire. However, if not able to sell in a timely manner, one of the partners will buy-out the other three partners' shares and run the store for several more years in order to allow the partners to receive their equity.