Tupelo Data Room
Grocery Stores & Supermarkets
Active

8371 -- SW Houston Specialty Grocery $1 M + Sales, Loyal Clientele

Houston, Texas, United States
listing image
Asking Price$1,000,000
Revenue$2,555,440
EBITDA-
Cash Flow$356,037
Description
Established specialty grocery and import store serving Houston's Russian, Eastern European, and international communities in the Houston area for nearly 30 years is available for acquisition. The business offers authentic imported foods, including fresh pastries, smoked fish, caviar, cheeses, deli meats, gourmet candies, wines, and beverages, alongside cultural goods, cosmetics, and health products. The store also operates as a MEEST international shipping agent. This specialty retailer has built a strong, loyal customer base of approximately 30 years through an explicitly apolitical, inclusive mission welcoming customers of all backgrounds. The business serves a large, underserved niche market with hard-to-find authentic Eastern European and Russian products. Day-to-day operations are managed by an experienced, multilingual manager and staff. The business has operated continuously through major challenges including the 2008 financial crisis, hurricanes, the 2016 oil price downturn, the COVID-19 pandemic, and supply-chain volatility. Business is ideal for Russian or Eastern European owner-operator or entrepreneur seeking entry into specialized retail with established operations and loyal customer base.
Real Estate
Leased
Building Size: 3945 sq. ft.
Furniture Fixtures & Equipment
$106k
Inventory
$150kIncluded in Asking Price
Number of EmployeesFull-Time: 9
Year Established
1997
Reason Selling
Retirement and health
Facilities & Assets
3945SF facility in shopping center
Support & Training
Seller will train
Growth Opportunities
• Implement modern POS with inventory and CRM to track preferences. • Introduce subscription/loyalty programs. • Launch e-commerce/delivery • Expand prepared foods • Develop seasonal gift bundles and subscriptions • Host events and tastings
Asking Price$1,000,000