Wake County, North Carolina
Asking Price: $99,000
Gross Revenue: $600,000
Inventory: Included in Asking Price
Lease Rate: $4,800 /Month
Triangle household name for over two decades!
1. Profitable Indian restaurant – Asking Price: $299,000
2. Indian grocery store – Asking Price: $99,000
Excellent opportunity to buy an established Indian grocery store in the Raleigh-Durham-Chapel Hill market (“The Triangle”). Leverage the existing brand or add a popular Indian chain to drive targeted customers to this grocery store conveniently located in a safe neighborhood with ample parking, high visibility, and desirable end cap location!
The store is suitable for Indian, Asian, Hispanic / Latino, or other international groceries with a business plan focused on the neighborhood demographics and the ability to import specialty ingredients and food.
New owner can explore a variety of options:
Go Gourmet: Remodel into an upscale specialty food store and chase higher profit margins with high-end offerings —sell gourmet food products and serve gourmet food too.
Go Organic: Add a line of organic products, free of artificial additives and preservatives, organic snacks, organic sauces, certified organic meats or other organic produce for health-conscious shoppers.
Go Local: Expand into the city’s selection of grocery stores by selling only locally sourced popular American groceries, live seafood, fresh vegetables and fruits, meats, hot deli foods or baked items, thereby establishing brand identity as that of a civic-minded corporate retailer encouraging local farmers and vendors.
New owner can boost sales by providing customers with the broadest selection of highest quality products, keeping cost-conscious grocery shoppers in mind, adding cost-cutting measures to keep pricing down such as self-checkout and BYOB policy, strategic design of the store based on consumer behavior, and pleasant in-store experience.
Grab a press release, put together a social media advertising campaign, and debut with a grand opening — step up a notch and be a proud owner of an anchor store luring customers as well as other retailers into this well-known shopping center!
Real Estate: Leased
Building SF: 5,000
Lease Expiration: N/A
Competition: This grocery store is close to another Indian grocery store with high foot traffic that is likely to move to another location. Excellent opportunity to capitalize on rival’s existing traffic to drive own sales by adding a much awaited, established high-in-demand franchise/chain or a brand new concept that appeals to Indian consumers.
Growth & Expansion: New owner can add convenience store items, ATM, lotto, beer, wine, cigarettes, etc. for higher margins. Buy the combo package of the restaurant and grocery store and make money from day one with cross-selling and up-selling!
Support & Training: 2 weeks training or more as needed
Reason for Selling: Other Interests
For more details, please call Madhur Gupta at (919) 428-9840. ***Serious inquiries only***
Information in this listing has been provided by the seller, and is subject to change without notice. Buyer must independently verify this information, and we assume no responsibility for its accuracy or completeness.