Established Scott’s Addition Gourmet Market 479147 AS

Listing Number: 9525-479147

Description

A store that specializes in offering customers only the highest quality, most delicious gourmet food items. This business, which is situated in Scott’s Addition, caters to both the vibrant local community as well as the tourist and second home market. This store is run very well and is located in an appealing spot, offering a wide range of items, such as groceries, meats, beverages, pre-cooked meals and a deli.

The market continues to operate throughout the year and its loyal customers come back every season. The business has become widely-known for their take-out prepared foods and locally-sourced products, as well as their outstanding customer service.

The business has seen a remarkable increase in both revenue and profits in the last few years. The seller's discretionary earnings have been consistently above $180,000 annually on average over the past years.

The leasehold improvements are the assets that are anticipated to be included in the sale.

Listing Details

• Price: $275,000
• Down Payment: $275,000
• Sellers Discretionary Earnings: $180,000
• Total Sales: $720,000
• Location: Richmond City, Virginia


• Inventory: $0
• FF&E: $0
• Employees:
• Year Established: 2019
• Reason for Selling: other interests
• Category: Convenience Stores