MergerPlace

Highly Profitable Grocery Store

Iowa


  • Asking Price: $565,000
  • Gross Income: $1,688,818
  • Cash Flow: $148,537
  • Real Estate: $299,000
  • Inventory: $116,325
  • FF&E: $235,866
  • Listing ID: #210570
  • Established: 1993
  • Employees: 3 FT / 7 PT

Business Description

This highly profitable Supermarket is the only Supermarket in a great business community in Iowa. Revenues is consistently over $1,650,000.00 The store serves the community with a selection of fresh meat, produce and groceries and catering. The business is located on the main highway with great visibility and inventory is included in the sale price.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Iowa

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 7 PT

Financial Information

Asking Price: $565,000
Gross Revenue: $1,688,818
Cash Flow: $148,537
FF&E: $235,866
Inventory: $116,325
Real Estate: $299,000
Seller Financing Available: No

Property Information

Facilities:

The building is a metal building with 6380 square foot with plenty of parking. It is available for purchase at $299,000.00

Growth & expansion opportunities:

The business is not using its social media to the fullest extent possible. The successful buyer could leverage social media.

Competition:

The only full service supermarket in the area is well stocked for the community needs and provides a full shopping experience.

Reason for selling:

Retirement.

Support & Training:

The successful buyer will need to have good management skills and some food industry experience. Knowledge of food catering would be a plus and food handling licenses will be required.

Contact Business Seller

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Business Listed By:

Michael Rooney

Murphy Business Brokers