Profitable SW Colorado Grocery Store

Not Disclosed, CO
Mineral County


Asking Price: Annual Revenue:
$890,000 $2,600,000

Food & Beverage: Grocery & Food Stores


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RE: Profitable SW Colorado Grocery Store Broker: Charles Spickert, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $890,000
Annual Revenue: $2,600,000
Net Profit: Not Disclosed
Cash Flow: $260,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1965
Employees: 20
BBN Listing #: 207013411
Broker Reference #: 201929

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Business Overview:

Established in the 1960’s, locally owned by the current owners since 2002, this store is the only supermarket serving its SW Colorado town and surrounding areas. This is a full-service grocery store, whose owners pride themselves in providing a great shopping experience, good values and friendly and helpful service from their outstanding employees. The store grosses over $2.6 Million annually. The almost 13,000 square feet facility was completely rebuilt and expanded in 2010. The business and real estate are available to purchase with a smooth transition to new ownership. This is a well-run store with virtually no competition in a growing town that has been recognized as one of the 10 Most Beautiful Towns in Colorado!

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Property Features and Assets:

13,000 square feet building, with 6,000 square feet sales floor, ample cold and warehouse storage, office and break room and 800 square feet leased to a gift shop with a separate entrance…and capacity for expansion.

Market Competition and Expansion:

Competition: Very limited…this is the only full-service grocery store in town. Growth and Expansion: Add pharmacy, expand holistic health products and full-strength beer offerings (as well as wine and liquor as permitted by law in the future).

Reason for Selling:

Retirement

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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