Eastern European Market And Deli

Business Overview:

A market and deli focused on Eastern European fare operating in Vancouver Washington, offers a selection of regional specialties. As a family-owned venture, it serves a diverse clientele, providing traditional products and maintaining a schedule to suit varying customer routines. The business's operations include direct sales and the possibility of integrating digital services. The establishment list price is based on its inventory and operational assets.

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Property Features and Assets:

Monthly Rent: $4,016.00

Square Units (Foot, Meter): 2,736

Lease Expiration Date: December 31, 2027, 12:00:00 AM

Terms Options: Base Rent plus NNN

Facilities:    Contact Agent

Market Competition and Expansion:

Competition: Eastern European markets and delis indicates a robust food industry with a valuation of $180.5 billion as of 2022. Expected to grow at a CAGR of over 4% from 2022-2027, the market sees high-value growth in countries like Bulgaria, Poland, Romania, and Ukraine. Key categories driving this market include meat, bakery & cereals, dairy & soy food, oils & fats, and confectionery. Distribution channels are dominated by hypermarkets, supermarkets, and food & drinks specialists, with packaging trends leaning towards flexible packaging and rigid plastics. Sourced through GlobalData's website.

Expansion: This market, poised for growth, is adapting to consumer behavior shifts, with third-party delivery services, expanded dine-in areas, extended hours, and strategic marketing to leverage existing clientele loyalty. This approach, combined with the competitive presence of global brands, underlines a strategy for broader customer reach and enhanced convenience, aiming to strengthen market position and capitalize on growth opportunities.

Reason for Selling:

Additional Details:

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