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Independent Grocery Store for sale in Aberdeen, NC

Aberdeen, North Carolina (NC)

Asking Price: Gross: Cash Flow:
$ 1,199,900 $ 1,849,000 Undisclosed

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
$ 140,000 (not included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
Independent grocery store with meat, grocery, grill, produce, beer & wine and frozen food sections. In additions the owners have added other revenue streams which includes LP Gas sales, money order sales, NC Lottery and ATM. This store did over $1.8 mill in gross sales in 2020. This store has a grill that is currently rented for $1,500 a month.

The grocery was founded in 1960, and purchased by current owner in 2019. It is the only independent run grocery in town, which keeps with the feels of this small Eastern NC community.

The sellers have not been marketing their business in recent years. Sales are coming purely from their reputation, and repeat business.

 

   
Year Business was Established: 1960
   
Number of Employees: 12  
   
Facilities / Terms of Lease: 4 walk in coolers, 65 parking spaces, .65 acres.: Operating Hours: Monday - Saturday- 7:00 am - 8:00 pm Sunday- 8:00 am - 7:00 pm  
   
Reason for selling: The owner has very limited to work this business  
   
Seller Reference Number: RT97719
BusinessMart.com Listing Number: 288596
 

 

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For more info contact:

County South Business Brokers

Winkie Associates Realty Inc
919-777-6878

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