"Newly Reduced" Charming IGA Grocery Store
  • Listing Number:
    100097
  • Listing categories:
    Grocery Stores/Supermarkets
  • City:
    Hampton County
  • State:
    South Carolina
  • Zip Code:
    29918
  • SDE / Cash Flow:
    $302,284.00
  • Business was established:
    1965
  • Number of Employees:
    20

Business Summary

Business Description
Purchased in 1965, this grocery store has built great character over the years and is located right in the center of of town at the main intersection of Hwy. 321 and Hwy. 3, two heavily traveled highways. This area is growing and is near the Brand new port going in which will attract a ton of new business.

It has maintained a trustworthy reputation with the local people in town and the surrounding rural communities and small towns. This business is in a fantastic location and is easily assessability. The advantage of this business being in the center of town is great for servicing the locals who may not have transportation and can easily walk to the business. In addition, they offer delivery service to the people who do not have transportation or who may be home bound.

What makes this store so unique is their personal service, especially in the meat market. They are known for their fresh, top quality meats. The locals have always supported them and they have always supported the community, the schools, churches, and families who have personal needs and hardships. Their meats are specialty cuts and they also are known for making their own fresh sausage which has always been a huge hit with the customers. They specialize in large special orders of meats and groceries for churches, hunting clubs, schools, family reunions, etc. During deer hunting season beginning August 15th through January 1st, out of town customers come to the area and shop for their grocery needs at the store. Christmas season is a popular time for local businesses to come in and purchase gift certificates for their employees to redeem at the store.

There is one local competitor on the outskirts of town which is not part of the main business district and is not accessible for the locals without transportation.

This business presently advertises on a radio station, WDOG, which reaches Allendale County, Hampton County and parts of Barnwell County and Colleton County, and Jasper County. This has led to good results. The business also prints paper ads each week which are available to customers. For expansion on this business possibly a web site and getting on the internet would increase the advertising. Another addition that would be a plus would be the addition of a deli and possibly a pharmacy.

This business presently has 26 loyal employees'. The property consists of one-half of a full city block. The building is approximately 11,ooo square feet, including the main building of 5300 sq. ft., 2500 sq. ft. for the stock room, 3,300 sq. ft. from a building that was purchased and included in the main store shopping area. There are 3 additional stores, purchased by the owner that are presently not occupied. They were purchased with future plans to demolish for additional parking space.

This is a unique business and is defined as an old fashion small town grocery store. This is not a "fancy" store, but a small town store with that "we care and appreciate your business" feeling, which is hard to find in the business world today and greatly appreciated by the local customers.

Facilities / Terms of lease

Building included in purchase valued at 500,000

Potential

Room to add a Deli or even a local Pharmacy withing the store

Competition

one competitor outside of town but not convenient for locals to get there if they don't drive.

Reason for Selling

Retirement

Support/Training

20 Employees 3 family members and 8 Part time employees

Detail

This is a fantastic investment with land and building included in purchase and plenty of room for expansion. Great location for new Port coming in.

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