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Business For Sale
GROCERY WITH REAL ESTATE $1 MILLION SALES
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Asking Price: |
$199,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Must Retire |
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Year Established:
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1965 |
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# of Employees:
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10 |
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Yearly Gross Income:
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$1,021,000 |
Business for Sale Overview:
This 4,000 square feet grocery store does $1,000,000 a year in sales. 2006 was $1,010,000 and 2007 was $1,021,000 in sales. It is open about 80 hours a week and has no competition in town. There is not even a gas station in town. This store sells everything a grocery store would sell and it also has beer and wine. Liquor is available if you want to add it. There is lottery which is not included in the above sales. You could also add video rental and an ATM machine. The equipment is in excellent condition and the store is very clean. There are 11 part-time employees. The heating and A/C are were installed last year. An owner can make a very good profit out of this store. The owner wants to retire after 40 years! The $199,000 is a great deal and the price is firm.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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