$1,224,000

Independent Grocery Store For Sale

North Carolina/Aberdeen
Financials
  • Price: $1,224,000
  • Gross Income: $1,680,000
  • Cash Flow: $0
  • FFE: $0
  • Inventory: $140,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #RT97720
  • Year Established: 1960
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

This is an 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 by Mr. Davenport 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.

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Business Listed By

303 Indian Trail Road South, North Carolina, Indian Trail