Profitable Grocery Store in Central Iowa

IA

Profitable Grocery Store in Central Iowa
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Asking Price: $675,000

Cash Flow: $119,312

Gross Revenue: $1,711,528

EBITDA: N/A

FF&E: $250,000

Inventory: $300,000

Established: 1950

Profitable Grocery Store in Central Iowa

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Business Description

This profitable grocery store is the only grocery store in a beautiful small town in Des Moines and Central Iowa area. Revenue is over $1,700,000 per year. Great Opportunity to own your own well established and successful store. Purchase price includes estimated $300,000 inventory.

Detailed Information

Inventory:
Included in asking price
Employees:
7 FT/8 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This prime location is in the center of a thriving small community. Building is a nice 11,000 sq ft steel structure with plenty of parking.
Competition:
This is the only grocery store in this beautiful small town in Central Iowa.
Growth & Expansion:
Buyer could expand services by promoting catering. Current owner turns down many catering jobs. Buyer could also potentially increase sales by starting a social media presence and marketing more aggressively.
Support & Training:
Will train for 2 weeks @ $0 cost. Good management skills helpful. Full range of grocery products provided including meats, produce, liquor, deli and catering.
Reason for Selling:
Retirement.
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Contact the Seller

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Dan Tryon

Business Listed By:
Dan Tryon

Murphy Business & Financial Corporation

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Sponsoring Broker:
Michael Rooney

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