European, Mediterranean, & Middle Eastern Market
LISTING ID # 36699
Take ownership of a profitable, well-established specialty grocery store located in a bustling area of North Carolina. This thriving business caters to the growing demand for European, Mediterranean, and Middle Eastern foods, featuring unique, hard-to-find items that attract a loyal customer base. Known for its extensive offerings of food and ingredients, there is no better source than this shop! The store also includes a fully equipped butcher shop serving both retail and wholesale customers, with high-margin, proprietary recipes that keep customers returning for fresh, high-quality meats. This business spends no money on advertising- An official website would go along way in helping this business grow. Operating for 16 years in the same prime location, this turnkey operation is ready for a seamless transition to new ownership. Situated in a high-traffic area with excellent visibility and ample parking, the business features a diverse inventory of authentic European, Middle Eastern, and North African groceries, fresh produce, pantry staples, and specialty items. Growth opportunities include expanding into online grocery sales, increasing marketing efforts to attract the region’s diverse population, and introducing catering or meal kits featuring popular Mediterranean dishes. The seller is willing to stay on up to 60 days to help train the new owner. This is a rare opportunity to acquire a thriving, niche business with proven profitability and significant growth potential in a fast-growing metropolitan area. Inventory, which fluctuates, is at additional cost to the asking price.
Financials (USD)
Asking Price $346,000
Cash Flow $128,528
Sales $861,574
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? No
Willing to co-broke? No
Principals only? Yes
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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