Full-Service Grocery, Deli & Fuel Retail Business with Real Estate
Confidential Michigan Location – Turnkey, Staffed & Profitable
OVERVIEW
This is a unique opportunity to acquire a fully operational and profitable full-service convenience store, grocery, meat market, and fuel station. Located in a high-traffic area in a growing rural community, the business has quickly established itself as a local staple since its recent inception. Backed by a seasoned team, strategic supplier partnerships, and robust infrastructure, this is a turnkey operation ideal for an owner-operator or strategic investor.
HIGHLIGHTS
• Revenue: $2.57 million (2024)
• Seller’s Discretionary Earnings (SDE): $145,000+
• Facility: ~5,200 sq. ft. building on a commercial parcel (real estate included)
• Fuel Brand: Citgo – full-service gas with diesel and recreational fuel
• Licenses: Includes liquor, lottery, and DNR licenses
• Departments:
o Grocery & Convenience
o Meat & Produce
o Deli & Bakery
o Dairy, Frozen, and Packaged Goods
o Tobacco, Lottery, Beer Cave
o Fuel station (underground piping in place for expansion)
BUSINESS STRENGTHS
• Turnkey Operation: Fully staffed with a stable, experienced team in all departments.
• Prime Market Position: Serves both locals and travelers in an underserved retail market with limited competition.
• Community Reputation: Excellent customer reviews and strong word-of-mouth presence.
• Efficient Operations: Departmentalized structure, clean financials, reliable vendor systems.
• Included Real Estate: Hard asset value with upside potential for fuel expansion and adjacent parcel availability.
• High Traffic Location: Strong vehicle counts and visibility.
FINANCIAL SNAPSHOT (2024)
• Total Revenue: $2,568,508
• Gross Margin: 12.5%
• EBITDA: $56,021
• SDE: $145,261
• Net Income: ~$41,700 (YTD through mid-2025 shows comparable trends)
GROWTH OPPORTUNITIES
• E-Commerce: Online ordering, delivery, and curbside pickup
• Expanded Foodservice: Pizza program, hot deli meals, grab-and-go dinner packs
• Tourism Marketing: Seasonal promotions for campers, hikers, and vacationers
• Loyalty & Fuel Programs: Capture repeat fuel customers with incentives
• Private Label Expansion: Promote house brands to increase margin
• Local Product Focus: Partner with farms and artisans to offer exclusive goods
IDEAL BUYER
• Owner-operator seeking a manageable, profitable business with built-in infrastructure
• Multi-location operator expanding fuel/grocery footprint
• Investor seeking hard-asset-backed cash flow
• 1031 exchange candidates
REASON FOR SALE
Health-related retirement by current owners presents a rare opportunity to acquire a recently built, high-performing business with a solid foundation, experienced staff, and ample growth potential.
Ad#:2419437