Description

This independently-owned grocery store has generated significant amounts of profit since it opened in 2004. What used to be a Bi-Lo is now a fully-renovated, modern grocery store boasting nearly 39,000 square feet. It has earned a highly-favored reputation locally and in surrounding areas for its extremely low prices and friendly service. With recent renovations, the inside of the building is a full-line grocery store including a pharmacy, deli, superior meat department, and a bakery. This highly-profitable business presents a 20% return on investment for any interested acquirer, which makes this an opportunity you don't want to miss!

The modern facility that houses this building is 38,987 square feet. The building was previously a Bi-Lo for 20 years, and has since been completely updated with modern equipment and furnishings.

This independent grocery store operates like a corporate grocery store (Publix, Kroger, etc.), without the high prices. Walmart and Kroger are the biggest competitors, but they cannot compete with the low prices offered at this business.

The property next to this large grocery store is for sale, presenting a perfect opportunity for an interested acquirer to add a fuel station to keep up with the competition. The nearly 39,000 square foot facility has room for growth and expansion inside for more inventory.

Currently, the business has 22 active full-time employees, and 28 active part-time employees. All employees will stay with the company through the transition into new ownership.

Asking $2,880,000
Email Us ASAP If Interested!

Posted Mar 24, 2016

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