Supermarket for Sale in Nicosia, Cyprus
For sale: Supermarket business selling FMCG products, along with property featuring 3 rental flats.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2 - 3 million |
| Run Rate Sales | USD 2.1 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Supermarkets |
| Locations | Nicosia |
| Local Time | 11:59 AM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
3.7 million
(Native Currency: EUR 3,200,000)
Reason: - The reason for sale is that the owners are focusing on a different venture.
- This offers a solid...
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Includes physical assets worth
USD
3.7 million
Interested to connect with advisors
Documents
Domain-Verification.pdf
(213.9 KB)
Vat Registration
(121.8 KB)
Certificate of Incorporation
(250.7 KB)
Business Overview
- This is the sale of a supermarket business along with the building it operates in. The company and its registrations are not included in the sale.
- The property is located in a prime area, near the highway exit of Nicosia, with no major competitors nearby.
- The supermarket primarily sells fast-moving consumer goods and domestic household products.
- It receives around 500 walk-in customers daily. We have built strong working relationships with approximately 300 supplier companies.
- Our main revenue model is based on a 25% average markup on products.
- Sales have seen a decline this year due to rising food prices and increased energy costs.
- The business also benefits from a loyalty program with a client database of about 5,000 members.
- We actively engage customers through monthly promotional leaflets and weekly SMS offers.
- All our sales have been generated through our physical retail outlet; the website has not been used for any online sales.
- There are 7 employees ensuring smooth daily operations.
- The building housing the supermarket also contains three residential flats, which generate an additional rental income of EUR 2,200 per month.
- The sales figures mentioned in the listing refer only to the supermarket operations and do not include this rental income.
- However, the buyer will receive ownership of the building and its rental earnings.
- The building comes with a valid construction license and the right to build two additional floors. It also has an active operating license for the supermarket.
- The property is located in a prime area, near the highway exit of Nicosia, with no major competitors nearby.
- The supermarket primarily sells fast-moving consumer goods and domestic household products.
- It receives around 500 walk-in customers daily. We have built strong working relationships with approximately 300 supplier companies.
- Our main revenue model is based on a 25% average markup on products.
- Sales have seen a decline this year due to rising food prices and increased energy costs.
- The business also benefits from a loyalty program with a client database of about 5,000 members.
- We actively engage customers through monthly promotional leaflets and weekly SMS offers.
- All our sales have been generated through our physical retail outlet; the website has not been used for any online sales.
- There are 7 employees ensuring smooth daily operations.
- The building housing the supermarket also contains three residential flats, which generate an additional rental income of EUR 2,200 per month.
- The sales figures mentioned in the listing refer only to the supermarket operations and do not include this rental income.
- However, the buyer will receive ownership of the building and its rental earnings.
- The building comes with a valid construction license and the right to build two additional floors. It also has an active operating license for the supermarket.
Products & Services Overview
The supermarket’s top-selling products are popular domestic household brands, with customers primarily from the surrounding locality. Additionally, the business generates rental income from three residential flats located in the same building.
Assets Overview
Tangible assets:- Owned land and building (EUR 2.8 million)
- Inventory (EUR 180,000)
- Fridges, furniture, fixtures, shopping carts, and other equipment (EUR 150,000)
- Photovoltaic system (EUR 50,000)
Intangible assets include:
- Goodwill (EUR 80,000)
- Website with a domain authority of 6.
- Ongoing rental income.
- Building permits.
- Supermarket operating license.
Facilities Overview
- The property is built on a plot of 1,171 sq. m, with a total built-up area of 1,565 sq. m.- The supermarket operates on the ground floor, which covers 730 sq. m.
- The middle floor spans 285 sq. m and is used for offices, a kitchen, and storage.
- The top floor, measuring 550 sq. m, contains three fully rented apartments that provide additional rental income.
- A 42 kWh photovoltaic system is installed on the property, significantly reducing electricity costs by approximately 50%.
Capitalization Overview
- The business is owned by two shareholders with equal (50-50) ownership.- All outstanding debts, supplier balances, and tax dues will be fully settled by us before the sale.
- These liabilities will not be transferred to the investor.
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