Grocery Store and Deli with Real Estate For Sale

IA

Seller Financing Available
Grocery Store and Deli with Real Estate For Sale

Asking Price:$534,000

Cash Flow:N/A

Gross Revenue:$1,223,017

EBITDA:N/A

FF&E:$100,000

Inventory:$170,000

Real Estate:$139,000

Established:1954

Grocery Store and Deli with Real Estate For Sale

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Business Description

This grocery store has consistently generated $1.2 million in sales per year and is the only grocery store in town. This small community has a very stable school enrollment that covers a large surrounding rural area. Residents are drawn to the small town charm while enjoying the benefits of being only a few miles from a larger regional retail hub community.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
1 FT/9 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very nice facility with over 7000 sq ft and plenty of parking on major highway with high visibility. Real estate is included in purchase price making this an attractive investment.
Competition:
This is the only grocery store within a 15 mile radius. One convenience store in same town is sole competition.
Growth & Expansion:
Profitable deli added a few years ago with great potential to expand. The seller turns down requests for catering which could increase revenue, cash flow & earnings. Cost of goods sold could be improved to be nearer the 70% industry average.
Financing:
$427,200 Down/ $106,800 for 60 mos. @ 6%.
Support & Training:
Will train for 2 weeks @ no cost. Management handles the normal functions of grocery store, convenience, deli including managing inventory of food, liquor, beer, deli and an occasional catering event.

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Dan Tryon

Business Listed By:
Dan Tryon

Murphy Business & Financial Corporation

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