Business For Sale

Well Established Grocery Store and Deli For Sale

Not Disclosed, IA

Asking Price: Annual Revenue:
$160,000 $1,066,760

Food & Beverage: Grocery & Food Stores

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RE: Well Established Grocery Store and Deli For Sale Broker: Dan Tryon

Quick Facts

Asking Price: $160,000
Annual Revenue: $1,066,760
Net Profit: Not Disclosed
Cash Flow: $41,932
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1956
Employees: 10
BBN Listing #: 44644955
Broker Reference #: 5002-10312

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Business Overview:

This full service grocery store includes produce, meat, deli and liquor, and has consistently generated revenues over $1,000,000 per year, located on a major highway in Northwest Iowa near the Iowa Great Lakes. It is the only grocery store in a nice community that is home to a regional High School and several manufacturing plants. Great opportunity to own your own well established and successful store and be a leader in this community.

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Property Features and Assets:

Very nice facility with over 7,000 square feet and plenty of parking on major highway with high visibility. Assets = $100,000

Market Competition and Expansion:

This is the only grocery store within a 15 mile radius. One convenience store in same town is sole competition. A profitable deli was added a few years ago and has great potential to expand since seller frequently turns down requests for catering which could increase revenue, cash flow & earnings. New owner could potentially improve the cost of goods sold percentage currently averaging 80% to be nearer the 70% industry average and potentially add $100,000 to bottom line.

Reason for Selling:

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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