Convenience Store for Sale in Riga, Latvia
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 300 - 400 thousand |
Run Rate Sales | USD 980 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Convenience Stores |
Locations | Riga |
Local Time | 4:39 AM Europe / Riga |
Listed By | Business Owner / Director |
Status | Active |
- Strategically located with two prime stores in Riga Center, our shops attract hundreds of customers daily, highlighting a robust local demand for Asian grocery products.
- The business garners an impressive 4.5-star rating by hundreds of customers, testifying to exceptional customer satisfaction and a strong community presence.
- Our successful opening of a second shop demonstrates its scalable business model and potential for expansion across Latvia and other Baltic countries.
- Embracing digital transformation, we enhance customer convenience through its online sales platform, supporting both local and international customers.
- As a pioneer in its niche market, Asian Alley emerges as the only and largest Asian grocery establishment in Riga, offering significant growth opportunities in the retail sector.
- Our monthly revenue is notably strong, even with a team of just 10 employees, as we are currently the only Asian store operating in Latvia.
- The opening of our store has driven significant growth over the past year, resulting in a notable increase in our revenue this year.
Intangible assets: Business registration and food service license.
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1 week, 5 days agoM&A Advisor, Investment Bank, Riga, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Multi Category Businesses, New Delhi, Corporate Investor / Buyer connected with the Business