Major Independent Grocery
Listing ID: SA1462
Description
The business was established in the 1975 and was acquired by the current owner in 1989. The client base is a very diverse mix of people from all parts of the globe. There are 60+ vendors that supply the 13,000 sku’s that are on the 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 receive 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 20 to 25 percent of the store’s overall revenues.
IT WILL BE IN EVERYONE’S BEST INTEREST IF THE BUYER CURRENTLY POSSESES A WIC LICENSE.
This is an opportunity to acquire a well- established and profitable business that has considerable upside growth potential.
Financial information
- No Financing
Reason for sale
Retirement
Facilities
The business leases 15,800 sq. ft. in a strip center. The monthly rent is $12,635.00.
Detailed information
Home Based:
NoFranchise:
NoDistressed:
NoRelocatable:
NoYear Established:
1975Year Acquired:
1989Willing To Train:
YesReal Estate Available:
NoIs Property Leased:
YesReal Estate Included:
NoIs Management Staying:
NoDays Open:
7Hours Open:
8 AM - 9 PMFull Time Employees:
11Part Time Employees:
24Building Size:
15,800 Sq FtListing Id:
SA1462
Contact Us
Business location
Clarkston, GA