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Business For Sale
SMALL GROCERY STORE WITH PROPERTY & LIQUOR
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Asking Price: |
$1,900,000
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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Retiring. |
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Year Established:
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1957 |
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# of Employees:
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9 |
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Yearly Revenues:
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$1,665,485 |
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Yearly Cash Flow:
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$285,928 |
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Yearly Gross Income:
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$628,356 |
Business for Sale Overview:
Seller has owned 17 years and is retiring. Sales are 1.7 million a year plus $62,000 lottery commission and $44,000 misc. sales. Sales are up 2% in 2007. Store consistently runs 31% gross profit. They sell liquor and have a full deli.
Property Features and Assets:
The lot is .2 acre with good parking. The bldg. is 5,400 sq. ft. plus a full basement. It is worth $825,000. It is well appointed and maintained.
Market Competition and Expansion:
This is the biggest store in this part of town.
Additional Details:
- The property is owned.
- The owner is 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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