North Lansing Grocery Store - Business and Real Estate

Lansing, MI (Ingham County)

Seller Financing Available
North Lansing Grocery Store - Business and Real Estate
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Asking Price: Get Financing: $1,100,000

Cash Flow: N/A

Gross Revenue: $2,800,000


FF&E: $400,000

Inventory: $300,000*

Real Estate: $550,000*

Established: 1955

*not included in asking price.

North Lansing Grocery Store - Business and Real Estate

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Business Description

A Lansing grocery and meat market legend, this store has been in the family since the 1950’s and was grown from a small corner store to its current footprint at more than 11,200 Sq Ft, built in 1990

The store features one of the area finest meat counters, liquor, beer and wine and a full grocery selection.

The location is within in walking distance of the are neighborhoods and has a distinct advantage in that the barrier to entry for a large format grocer is high with little room to build and no distinct commercial development to anchor such a development. This leaves the store as the primary grocery store for this large residential population.

The store is currently undergoing updates on lighting and cooling systems to reduce its utility consumption, which will be a great benefit to the new owners.

Sales at the location have been solid and consistent and will provide new ownership a solid base to build upon.

Sale price includes all trade fixtures, improvements, real estate, good will, name and licenses. Plus inventory at cost on day of sale.

Please contact us for a non disclosure agreement to find out more.

Detailed Information

Not included in asking price
Real Estate:
Not included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
11,235 Sq Ft facility custom built in 1990 for the store. 9,500 Sq Ft of selling store space
Location affords a high barrier to entry for large competitors.
With 50% Down plus Inventory
Support & Training:
Reason for Selling:
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Matthew Wisniewski

Business Listed By:
Matthew Wisniewski

RE/MAX Commercial Group

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Sponsoring Broker:
Adam Whitz

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