Discount Grocery & Merchandising Store – Three Locations in PA

Price: $6,700,000

Location: Pennsylvania

Industry: Retail

Listing ID: 201028

Much needed discount grocery and general merchandise outlet stores in Pennsylvania. The Sellers are twenty years into the business and grew to operating three strategic locations averaging 35,000 SF each with a warehouse. They are well known and offer quality grocery and products at discounted, close-out prices especially needed during these tough economic times. The outlets are always BUSY!  All stores are well-equipped with POS systems, multiple loading docks with spacious parking lots. There are 160+ employees with long term key management in place.  This is a turn-key business with much higher sales opportunity, if delivery option is implemented and opened on Sundays.

Properties for all three locations appraised at approximately $8.9mm is also for sale with Seller preferring to sell as a package along with the business.  Financials reflect sales, expenses and profit for all locations combined

Listing Details

Gross Revenue: $16,000,000

EBITDA: $1,700,000

Reason For Sale:

Retirement

Training & Support:

Will Provide

Operation

Year Established: 2002

Days & Hours of Operation: Monday-Saturday

Employees: 165

Location

Facilities Information:

Real Estate Available For Sale For All Three Locations

Summary

Potential Growth:

This is a turn-key business with much higher sales opportunity, if delivery option is implemented and opened on Sundays.