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Successful Grocery Store

RetailFor Sale in ME

Listing ID: 33219 | Broker Listing ID: BLP918740

Financial & Assets Details

$11,169,097
$924,573
$45,000
$3,000,000
15000+/-

About the Business

Yes
26 FT / 8 PT

Business Description

Successful grocery store located in a popular year-round recreation area of Maine. This store reaps the benefit of being the only full service operation in the region and is patronized by year-round locals, seasonal residents, and tourists alike. In business for decades, the store achieves consistently strong sales with very little marketing effort.

Growth & Expansion

The retail portion of the building could benefit from an update to enhance the shopping experience. This, along
with a brand refresh, could help to capitalize on the population growth the region is currently experiencing.

Another opportunity is with marketing. The business has been – and continues to be – successful without doing so, but there is no online presence at the moment. Developing a marketing strategy may bring in new customers as well as provide increased awareness within the community.

Market Competition:

Largest grocery store in the area with very little competition.

Location Details:

Free-standing store with retail area, deli, bakery, and warehouse with large covered loading dock. Large amount of cold storage space.

Support & Training

Two weeks

Reason for Selling:

Retiring

Listing ID: 33219

Contact Broker

Listings: 8 View My Listings

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