MergerPlace

Own a Profitable Grocery Store

Iowa


  • Asking Price: $214,000
  • Gross Income: $1,322,518
  • Cash Flow: $41,196
  • Real Estate: $199,000
  • Inventory: $115,745
  • FF&E: $161,856
  • Listing ID: #210484
  • Established: 1981
  • Employees: 1 FT / 11 PT

Business Description

Family-owned store offers a convenient one-stop shop where you can find everything you need from the everyday essentials to specialty items from around the world. The listed price includes $115,000.00 of inventory.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: Iowa

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 11 PT

Financial Information

Asking Price: $214,000
Gross Revenue: $1,322,518
Cash Flow: $41,196
FF&E: $161,856
Inventory: $115,745
Real Estate: $199,000
Seller Financing Available: No

Property Information

Facilities:

Business is housed in a well maintained 6000 square foot commercial building. The downtown location provides easy access off of the major highway.

Growth & expansion opportunities:

Greater use of social media and on site ownership should provide additional sales. Catering is another opportunity to grow sales.

Competition:

The store is located 15 miles from its nearest full service grocery store.

Reason for selling:

Retirement.

Support & Training:

The successful buyer will need to have management skills to operate the store or in case of an absentee owner, he or she will need good communication skills as well as good financial controls.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Michael Rooney

Murphy Business Brokers