New Community Grocery Store
Industry: Food and Beverage > Grocery and Supermarkets
New community grocery store for sale with a deli and meat market. Owner just built this store, everything is new. New owner must buy the business for $300K and the real estate for $700K for a total purchase price of $1,000,000. The acre of land and the 7,700 sf. building on a corner lot are worth over a million dollar. This price includes $175,000 worth of furniture, fixtures and equipment and $117,000 worth of inventory. The two additional bays are leased for an extra $1,000 a month income.
This is the only store in the community and they do a very high volume and great deli business. The area is growing with retires who want to live close to the water. New owner could immediately increase revenue by selling propane.
Asking Price Range: $250K - $500K
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2009
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
About The Sale
Reason For Selling: Other business interest.
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Print Listing Id: 700138230