Seller's Contact Information
- RE: Profitable 5-Star Full-Service Grocery Store
- Contact: Robert Warrick
Quick Facts
Asking Price: | $1,975,000 | |
Annual Revenue: | $1,896,634 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $174,300 | |
Total Debt: | Not Disclosed | |
FF&E: | 350,000 | |
Real Estate: | $1,450,000 | |
Year Established: | 1977 | |
Employees: | 9 | |
BBN Listing #: | 602528483 | |
Broker Reference #: | 11583 RW |
Business Overview:
Rare Opportunity! & strong cash flow! Buyer(s) will inherit rave customer reviews. Profitable 5-Star full-service grocery/produce and meat market plus REAL ESTATE, located in a vibrant SE MN community! Little competition and serving legacy customers. Retail areas and dine in with latest equipment and refrigeration. Award-winning reputation and consistently profitable year over year. Fresh products, meats and merchandise are impeccably selected with bulk product opportunities and competitive pricing. Consistent annual revenue over $1,800,000 and owner’s 3 year average adjusted net income $175,000. BUYER BONUS: Sellers completed a $400,000 capital equipment and remodel upgrade in 2020! Business priced attractively at $525,000, not including food inventory. Includes 1.5 acres, buildings are clean and updated with total indoor sq. ft of 20,472, includes retail and storage. Real Estate priced competitively at $1,450,000. Total offering price is $1,975,000. Current owners are flexible and ready to retire.
Inventory NOT included in offering, estimated at $87,000, but will vary. Serious Inquires Only. Buyer must have financial capacity. Seller Financing Available for Qualified Buyer for Business and Buildings. To inquire, please contact Robert Warrick.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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