Tupelo Data Room
Grocery Stores & Supermarkets, Other Retail
Active

Specialty Neighborhood Market For Sale

Kansas City, Wyandotte County, Kansas, United States
Asking Price$125k
Revenue$250k
EBITDA-
Cash Flow-
Description
This neighborhood market carries common items and is known for their wide variety of specialty items coveted by people of varied backgrounds. It is an easy in-and-out store on a very busy street in Kansas City, Kansas. There are lots of businesses and homes nearby. A new owner can do some remodeling to add more display space. The current owner is relocating due to other business interests out of state so he is motivated to sell.
Real Estate
Rent is $150,000 per month
Inventory
$80kIncluded in Asking Price
Year Established
2012
Reason Selling
Other business interests
Support & Training
Owner and his family who work in the store will train in all facets necessary, including purchasing, pricing, customer service, maintenance.
Market & Competition
Because the store carries common items of course there are other competitors, but this market specializes in a variety of ethnic foods not easily found in other stores. They have a loyal following because of this. The store is packed with consumables and also beans, rice and other specialty items that the clientele is comfortable with.
Growth Opportunities
The store could be laid out better. There is some wasted space that could be converted to retail to carry more product. The store does enjoy the advantage that it has a large storage facility just behind the store, so they could carry more product and perhaps buy in bulk, earning additional margin. The store currently sells beer but other alcohol could be added.
Asking Price$125k