Profitable Grocery Store w/$116k Inventory

Not Disclosed, IA


Asking Price: Annual Revenue:
$275,000 $1,065,752

Food & Beverage: Grocery & Food Stores


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RE: Profitable Grocery Store w/$116k Inventory Broker: Michael Rooney

Quick Facts

Asking Price: $275,000
Annual Revenue: $1,065,752
Net Profit: Not Disclosed
Cash Flow: $80,039
Total Debt: Not Disclosed
FF&E: $123,980
Real Estate: Not Disclosed
Year Established: 1967
Employees: 12
BBN Listing #: 95934955
Broker Reference #: 5003-14511

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Business Overview:

Profitable grocery store in beautiful small community. This store is very clean and organized and ready as a turnkey business. The sale price includes $116,000.00 of inventory.

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Property Features and Assets:

Stand alone steel frame building over 6,620 square feet in center of town on major highway. Inside includes a deli counter and a separate liquor room. Sale includes all furniture, equipment and assets involved in sale of grocery goods including all coolers and freezers and front counters and shelving. Real Estate is excluded from purchase price and is available to lease or purchase. Total Assets: $256,375

Market Competition and Expansion:

This store has the advantage of being the only grocery store in town. The nearest community is over 10 miles away. Buyer could improve upon marketing to increase sales.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is not 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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