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- RE: Vibrant Market And Restaurant In The Heart Of Town
- Contact: Katie Aker
Quick Facts
Asking Price: | $725,000 | |
Annual Revenue: | $580,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $598,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $330,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2024 | |
Employees: | 4 | |
BBN Listing #: | 988402 | |
Broker Reference #: | 64646-767595 |
Business Overview:
Opened in March 2024, this vibrant market offers a unique and convenient experience for local residents. Located within a half-mile radius of five large apartment buildings with over 1,600 apartments, many of which provide direct access to the market, it has quickly become a community hub. With an inventory of 230,000 items, the market offers a wide range of products to meet diverse needs. In addition to in-store shopping, customers can place orders online, ensuring added convenience for busy individuals.
This is not your typical market. Beyond its extensive selection of groceries, the market serves a variety of fresh, delicious food options, including salads, bowls, toast, sandwiches, smoothies, pizza, and boba. It’s a space where customers can not only shop for groceries but also enjoy a nutritious meal or snack, making it a true destination for food lovers.
The market operates seven days a week, and its staff—who manage all daily operations and transactions—are committed to providing excellent service. This market is not just a place to shop but a part of the fabric of the local community.
The owner’s journey reflects resilience and a deep passion for helping others. Having arrived in the United States as a teenager, unable to speak English, the owner worked tirelessly to overcome obstacles, eventually graduating college and embarking on a career focused on making a positive impact. This commitment led to the founding of this urban market, which serves downtown residents by providing access to fresh produce, organic meats, gluten-free options, and now, an exciting food menu.
At the heart of this market is a belief that "better food, better life" is not just a slogan, but a mission to ensure everyone has access to nutritious and delicious food. Whether you're stopping by in person or ordering online, the market is dedicated to providing a variety of healthy food options to the community, all while supporting a local mission of inclusivity and better living for all.
SDE: $100,000
FF&E: $330,000
Inventory: $175,000
Sales Price: $725,000
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Property Features and Assets:
This successful Market was opened in March of 2024. Being sold for medical reasons with the owner.
Market Competition and Expansion:
Located in a town where there is significant growth coming to the area!
Reason for Selling:
medicalAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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