Businesses For Sale: Listing Details

Listing Number: (Under Contract) Discount Grocer Outlet Store – 3 Superstores in PA - Ref ID: 11032020
Category: Retail Trade Price: $6,700,000.00
Detail: Grocery Stores Down: Yes
Gross Sales: $16,000,000
State: Pennsylvania Cash Flow: $1,700,000
Real Estate: Available Cash Flow Method: SDE
Currently under contract.

Discount Grocer with 3 Superstores in Pennsylvania. Established in 2001 with 3 locations all 30-45 minutes equidistant from each other. Each location operates out of roughly a 35,000 SF standalone building on about 6 acres of land each, with all 3 in close proximity to multiple noteworthy universities and higher education institutions. All locations have 200+ parking spaces and hit record sales numbers when COVID-19 first hit. They have built a reputation of providing quality product at a friendly price, performing well during tough economic times with more and more consumers turning to their stores for deep discounts.

Their outlets are always busy! All stores are well-equipped with POS and Security systems, multiple loading docks/ramps, forklifts, storage freezers/coolers and a warehouse with one location’s 2nd floor solely dedicated to management office space. They currently have 160+ employees with long term key management established. This is a turn-key business with opportunity for someone to take it to the next level if delivery option is implemented and they open their doors for Sunday shoppers.

Properties for all three locations appraised at approximately $8.9M are 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.

Inventory is NOT included in the asking price.


Jina Barr
Inbar Group, Inc
1900 Market Street
Suite 800
Philadelphia Pennsylvania 19103
Phone: 973.216.3033
Fax: 347.966.8104
jbarr@inbargroup.com
www.inbargroup.com

Contact Broker

Your Name:
City:
State:
Phone Number:
Email Address:
Comments:
 
Pennsylvania Business Brokers Association lists Pennsylvania businesses for sale, and assists buyers and sellers during transactions involving businesses for sale in PA.
Pennsylvania Business Brokers Association (PBBA)
Michael Meyer, CBI, PBBA President
308 Lakeside Park, Southampton, PA 18966 • Phone: 215-357-9694 • Email:

©2021, Pennsylvania Business Brokers Association. All Rights Reserved. Terms of Use

Members of: