Profitable Grocery Store in Central Iowa

Not Disclosed, IA


Asking Price: Annual Revenue:
$675,000 $1,711,528

Food & Beverage: Grocery & Food Stores


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RE: Profitable Grocery Store in Central Iowa Broker: Dan Tryon

Quick Facts

Asking Price: $675,000
Annual Revenue: $1,711,528
Net Profit: Not Disclosed
Cash Flow: $119,312
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1950
Employees: 15
BBN Listing #: 88004955
Broker Reference #: 5002-15375

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Business Overview:

This profitable grocery store is the only grocery store in a beautiful small town in Des Moines and Central Iowa area. Revenue is over $1,700,000 per year. Great Opportunity to own your own well established and successful store. Purchase price includes estimated $300,000 inventory.

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Property Features and Assets:

This prime location is in the center of a thriving small community. Building is a nice 11,000 square feet steel structure with plenty of parking. Assets= $550,000

Market Competition and Expansion:

This is the only grocery store in this beautiful small town in Central Iowa. Buyer could expand services by promoting catering. Current owner turns down many catering jobs. Buyer could also potentially increase sales by starting a social media presence and marketing more aggressively.

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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