MergerPlace

Profitable Grocery Store

Iowa


  • Asking Price: $275,000
  • Gross Income: $1,065,752
  • Cash Flow: $80,039
  • Real Estate: $299,000
  • Inventory: $115,510
  • FF&E: $123,980
  • Listing ID: #210487
  • Established: 1967
  • Employees: 1 FT / 11 PT

Business Description

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.


Business Details

Primary Business Category: Retail Trade - Supermarkets
Location: Iowa

Company Information

Year Established: 1967
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 11 PT

Financial Information

Asking Price: $275,000
Gross Revenue: $1,065,752
Cash Flow: $80,039
FF&E: $123,980
Inventory: $115,510
Real Estate: $299,000
Seller Financing Available: No

Property Information

Facilities:

Stand alone steel frame building over 6620 sq ft in center of town on major highway. Inside includes a deli counter and a separate liquor room.

Growth & expansion opportunities:

Buyer could improve upon marketing to increase sales.

Competition:

This store has the advantage of being the only grocery store in town. The nearest community is over 10 miles away.

Reason for selling:

Retirement.

Support & Training:

Typical management skills necessary to manage over 10 employees and typical food licensing required.

Contact Business Seller

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Business Listed By:

Michael Rooney

Murphy Business Brokers