| Asking Price |
$700,000 | Inventory |
$400,000** |
|---|---|---|---|
| Gross Income |
$4.3 Million | Real Estate |
|
| Cash Flow |
$350,000 | Year Established | 1964 |
| FF&E |
N/A | Employees | 20 |
* included in the asking price
** not included in the asking price
This is a very well established full service grocery store in town. It was established in 1964 and the current owners have owned it since 1992. They have done very well over the years and are ready to retire now. Very motivated sellers. The current owners do not advertise and have no promotions. It is semi-absentee run right now. The store is 30,000 square feet and has has it all - grocery, fresh produce, meat, full liquor and much more. The rent is well below market rate. The store has pride of ownership and its upkeep has been excellent. Cash flow is very strong for the business and can get only better with hands-on and an experienced operator. A much better business opportunity than your typical gas station or liquor store.
Facilities: All furniture, fixtures and equipments are in great condition. The store is 30,000 square feet and has a huge parking lot.
Competition: Great location. Only independently and family owned grocery store in town since 1964.
Growth/Expansion: Huge opportunity for growth. The current owners have done nothing to promote the business.
Financing: Seller may carry a note for the inventory
Support/Training: Seller will provide ample training. Optional paid consultation is possible, if required.
Reason Selling: Retirement.

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