Profitable European, Mediterranean, & Middle Eastern Specialty Grocery Store with Butcher Shop in Wake County, NC
Financial Details
- Asking Price:
- $348,000
- Annual Revenue:
- $1,005,600
- Cash Flow / SDE:
- $220,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 1.6x
- Location:
- NC, US
- Source:
- Date:
- October 10, 2025
Key Highlights
Description
This listing presents a compelling opportunity to acquire a thriving, well-established European, Mediterranean, and Middle Eastern specialty grocery store located in a prime area of Wake County, North Carolina. With 16 years of successful operation, the business has cultivated a loyal customer base by offering unique, hard-to-find food items and ingredients. A key asset is the fully equipped, high-margin butcher shop that serves both retail and wholesale clients, featuring proprietary recipes. The business boasts strong financials, with a gross revenue of $1,005,600 and Seller's Discretionary Earnings of $220,000. The asking price is $348,000, with FF&E valued at $350,000 included, while inventory ($100,000) is separate. The business currently operates without advertising, indicating substantial growth potential through enhanced marketing efforts and the development of an official website. Further opportunities include expanding into online grocery sales and catering services. The seller is committed to a smooth transition, offering up to 60 days of training. This turnkey operation is situated in a high-traffic location with excellent visibility and ample parking, making it an attractive acquisition for entrepreneurs looking to enter the specialty food market.
Industry Information
- Industry Description:
- Specialty Grocery Store and Market
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2009
Real Estate & Lease
- Status:
- Not Disclosed
Assets & Inventory
- FF&E Value:
- $350,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $100,000 USD
- Includes Inventory:
- No
Broker Contact
- Company:
- Vested Business Brokers, Ltd
Listing Details
- Listing ID:
- 1bb3765b-aa1f-4314-b683-e47c3afb7541
- Source Listing ID:
- 2423358
- Deal Status:
- For Sale
- Last Updated:
- October 10, 2025
- Currency:
- USD