Grocery Store

Belfry, MT (Carbon County)

Grocery Store
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Asking Price: $239,000

Cash Flow: N/A

Gross Revenue: $74,666

EBITDA: $50,742

FF&E: N/A

Inventory: $70,000*

Real Estate: N/A

Established: 1907

*not included in asking price.

Grocery Store

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Business Description

Belfry Country Store

Complete grocery store in a small town in a good area of Montana. Close to fishing, hunting, skiing, golfing, Yellowstone Park. Well stocked inventory which includes meat, produce, non foods,beer and wine, video rentals,lottery and a lot more. Supplied by Super Valu out of Billings with deliveries once a week. Reduced price to 239,000. + inventory. We dropped the price $30,000. to try to get it sold before we turn it over to a realter. Inventory is currently around $70,000. which will be less when it is sold. We lived in the apartment for 20 years & it was set up as an apartment in 1991. It has 2 bedrooms plus an office. New gas furnace just installed, 96% efficiency. New carpet in 2 rooms. Stove and refrigerator included along with the window blinds. Washer and dryer hookup also. We're know as one of the lucky lotto stores in carbon county because of all the winners compared to the bigger towns in the area. Nice friendly town which we will still live in after we sell the store. We sell "Belfry Bat " hats & t-shirts, which a lot of out- of- stater's love to buy and take home. "Bats" are the school mascot. I work full time and my wife works part time. It's been a grocery store for 100 years and the towns population has been stable with the outlying area changing over the years. We're not a tourist town, but a lot of tourists drive by on their way to Yellowstone park, Cody Wy. or Red Lodge. The store has a 25'X60' basement then the main part of the store is 50'X60', then above it is the apartment 25'X60' . Our local group "neighbors helping neighbors" is currently putting in a small museum next door. These ladies have been working hard the last few years to make Belfry look even better $50,742.00 net income includes $7,200.00 rent of the apartment (2017 tax report). The buildings value is approximately $200,000. , but it has never been appraised. If you have never owned a business before, keep in mind that there are lots of advantages to owning a small business that don't show up on the profit and loss statement.

Detailed Information

Location:
Belfry, MT
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2
Facilities:
50'X60' sandstone building with a 1400' foot apartment. Built in 1907 and is listed in the national register of historical places.Both roofs were completly redone in the last 8 years. Included : register, credit card machine, 10 security cameras & computers, coolers & freezers, walkin freezer & cooler, lozier shelving, meat band saw, cuber, meat slicer, meat wrapper, scale and more. We rent out the rug doctor machines also. Half of the stores flooring is the old style wood floor. I've replaced the linoleum in the other half of the store recently.
Competition:
Only grocery store in town. Grocery stores 12 miles north, one 15 miles west. Cody Wy. is 50 miles south with many farms and ranch's inbetween.
Growth & Expansion:
New housing being built to the south. Currently we're open 8-6 mon-sat., closed on sundays. Advertising and highway signs would help, which we currently are not doing.
Support & Training:
Will help with training and getting started. We live close by so we can answer any questions that you might have.
Reason for Selling:
We have run the store for 25 years, the kids are gone, and it's time to retire.
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Business Listed By:
bob cichosz

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