Business Overview
About the Company
This upscale supermarket is customer-focused, offering products and services to reward its customers with weekly deals, loyalty programs, and a higher level of customer service. Family-owned and operated for many decades, this is a rare opportunity to purchase a specialty market that has given unsurpassed services and offered the best selection of imported and domestic foods while being voted the best supermarket and deli for numerous years.
The EBIDTA in 2022 was $2,000,000. The cash flow/SDE in 2021 was $2,177,912. Revenues for 2022 are projected to be in the 14 to 16mm range.
They have an excellent reputation in the community for delivering fresh and new items weekly. New upgrades have been made recently, with upgrades to equipment or displays. They do over-the-counter services for fresh meat, seafood, and deli.
They have increased sales for 50 years by creating new concepts and new service departments. In the last year, sales increased by 60%. The illness of the seller forces the sale.
To get more information about this Supermarket - Upscale, High Annual Cash Flow business for sale in Northern California please phone Bill Garcia (Broker - BRE License #:# 004267/ 02056712 ) at 916-203-3395 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #268139 on BizBen.com. In addition to phoning Bill Garcia, make sure you email Bill Garcia above to get more info about this Supermarket - Upscale, High Annual Cash Flow, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00426763. M&A Business Advisors.
