Well, Established 40 year plus Profitable Full-Service Mid-Michigan Gr

MI

Seller Financing Available
Well, Established 40 year plus Profitable Full-Service Mid-Michigan Gr
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Asking Price: $1,650,000

Cash Flow: N/A

Gross Revenue: $4,150,000

EBITDA: N/A

FF&E: N/A

Inventory: $300,000*

Real Estate: $875,000

Established: 1976

*not included in asking price.

Well, Established 40 year plus Profitable Full-Service Mid-Michigan Gr

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Business Description

Mid Michigan State of Art Full Service Grocery Store! Profitable and 40 year sa

Business Description
Mid-Michigan Full-Service Grocery Store for Sale! 40 Years of History and Profitability!
Successful 40 plus year well established full-service Mid-Michigan grocery store, with a strong quality meat department, Bountiful Produce, Deli, Fresh Bakery, Frozen Food Department, Full-Service Dairy Department, Outstanding Grocery Selection & Department, Seafood Department, General Merchandise, Beer, Wine, Alcohol, lottery, and Health & Beauty Department. This store caters to its customers and even carries out the groceries to its customers.

This independent store is an outstanding opportunity for a chain to grow and add another store or an independent operator to open and grow a store with a long successful history! The family who owns the store has been a well-respected family in the community for over 40 years and are looking for someone to take over the company and continue the tradition.

This is a rare opportunity and a must-see opportunity for the right person or company! This business makes its money in the spring, summer, and fall- now is the time to buy it!
________________________________________
Detailed Information
Asking Price: $1,650,000.00

Gross Revenue: $4,150,000.00

Established: 1976

Inventory: The Inventory averages to be around $300,000.00 daily.

Real Estate: The real estate is in a downtown area and is owned by the family. The Real estate is valued around $875,000.00.

Building SF: 25,000 Square Feet

Employees: 20-30, very little turnover, a loyal employee base!

Facilities: The facility is updated and in exceptional condition. The owners take pride in keeping the facility completely clean and are proud of the quality of the displays, and layout of the store. The facility is over 25,000 square feet and surrounded by a large well-lit parking lot for the benefit of the customers. The business is in the downtown business district of the community.

Competition: This is the only grocery store in the local Market with limited
competition. Just a Dollar General and a Blarney Castle Shell Gas Station nearby in this resort community.

Growth & Expansion: Near a mid-sized city and surrounded by lakes in rivers within the community this store serves. The store can offer a larger variety of food and add a fuel station.

Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners
.
Reason for Selling: Retirement

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
25,000
Employees:
20-30
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(from currently available funds)
 
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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