Family Owned and Operated Grocery Store

Vevay, IN (Switzerland County)

Family Owned and Operated Grocery Store

Asking Price:$349,800

Cash Flow:N/A

Gross Revenue:$505,857




Real Estate:$160,000


Family Owned and Operated Grocery Store

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Business Description

Local grocery stores are increasing in popularity due to their access to local farmers’ produce and the growing trend of buying locally. With the abundance of farming in southeastern Indiana, there is plenty of opportunity to partner with local farmers and offer locally grown food to the community. In 2009, Indiana ranked 15th for total farm sales in the United States and has approximately 14.7 million acres of farm land. Indiana is nationally ranked for agricultural production because of the highly productive Miami soils along with other prime farmland soils in the State.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Grocery store is located in the middle of two rural highways. There is a restaurant section of the business which stays busy during the day and is full to capacity at night with customers. The property includes a 40x60 Store, 40x60 Warehouse, 2 acres of land, and a 4 Bedroom House which has received $600 a month in rent in the past.
There are no other gas stations, grocery stores or restaurants in any direction for 13 miles resulting in a dominance of the market for food, ice, tobacco, beer and fuel.
Growth & Expansion:
Business would increase with an added/expanded parking lot and added gas pumps – an estimated minimum of $100k. The current parking lot can hold 15 – 20 cars. Offering kerosene for sale would also bring in more customers as Amish residents drive long distances for kerosene and it would save them money to buy from the store. Additional warmers could also be added to be able to provide quicker service for restaurant customers.

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James Christopher, Sheryl Shultz,Jerry Stretch

Business Listed By:
James Christopher, Sheryl Shultz,Jerry Stretch

Cincinnati Business Advisors

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