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Business For Sale
SMALL GROCERY STORE WITH LIQUOR
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Asking Price: |
$450,000
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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1987 |
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# of Employees:
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10 |
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Yearly Revenues:
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$1,176,864 |
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Yearly Cash Flow:
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$150,300 |
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Yearly Gross Income:
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$408,085 |
Business for Sale Overview:
The seller has owned 13 years and is retiring. Store is absentee run. Sales are 1.2 million a year plus $37,000 lottery commission. They sell liquor and have a full deli. Sales are up 2% in 2007. Consistently runs 31% gross profit.
Property Features and Assets:
Store is 4,000 sq. ft. It is attractive and well maintained. Has good parking.
Market Competition and Expansion:
No competition close by. This is an upscale town with large new homes being built. A working owner should increase sales and lower costs!
Additional Details:
- The property is leased.
- 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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