Nashua Area Market & Deli

Undisclosed Address, Amherst, NH 03031
Business Opportunity for Sale
Catylist Listing ID: 30237574
Property Subtypes: Food and Beverage
Building Size (RSF): 5,000 SF
Gross Land Area: 5.32 Acres
Sale Price: $695,000
Year Business Established: 2010
Gross Revenue: $1,320,000 (Annual)
Cash Flow: $135,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Real Estate, Building, Business, FF&E, Goodwill & Inventory offered @ $695,000 Building has Approximately 5,000 Sq. Ft. gross and 2,300 serviceable on over 5 acres of land.
Last Updated: 4/23/2018

Overview / Comments

Established and fully equipped market and deli on busy road in desirable community. This convenient market is walking distance to local High school and a daily stop for many local residents. Business has had yearly revenue growth with $825,000 in Grocery/Deli and $500,000 in lottery sales. Perfect opportunity for ambitious operator to generate strong cash flow while growing equity in the real estate.

Additional Details

Industry Segment: Grocery and Supermarkets
Reason for Selling: Owners retiring after many successful years.
Value of Inventory Included ($): $40,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $400,000
Employee/Labor Description: Business is owner / operated with a total of 8 full & part time employees.
Mgmt/Training Support Description: Owners will help train during established transition period.
Competition/Market Description: Captive market servicing local residents with no real competition for several miles.
Growth/Expansion Opportunities: Deli / Restaurant is under utilized with current owner having grocery store background. Basic deli menu serving quality sandwiches and dinners that could grow significantly with updated social media awareness.

Contact

Photograph of Listing Agent

William Kanteres

Kanteres Real Estate NECPE Member
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