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Profitable Grocery Store W/$116k Inventory Included For Sale

Not Disclosed., Iowa
Asking Price:
$275,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,065,752 (USD)
Cash Flow:
$80,039 (USD)

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.

Property information

Real Estate:

Lease

Premises Details:

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.

Business Operation

Expansion Potential:

Buyer could improve upon marketing to increase sales.

Competition / Market:

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

Reasons for selling:

Retirement.

Trading hours:

Mon-Sat 7:30am-7:30pm; Sun 8am-7pm

Employees:
1 FT / 11 PT
Years established:
51

Other Information

Support & training:

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

Furniture / Fixtures value:
$123,980 (USD) - included in the asking price
Inventory / Stock value:
$115,510 (USD) - included in the asking price

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