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Retail Grocery Store With Bakery & Butchery
Location: United States -> North Dakota
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

The family-owned business detailed in this listing is a fully established grocery store with a bakery and butcher services. They offer a full selection of produce and other perishables along with freshly baked breads and homemade sausages. In fact, the butchery section of the store accounts for 60% of their revenues because of the quality of the meat and competitive price! The store is well established in the community as the best place to find everything on your shopping list in one easy trip. With the best prices and biggest selection in town, this business enjoys growing success in the community.
The business was established in 1977 with the current ownership starting in 2000. Over the years the store has gained a well deserved reputation for a quality selection. A full staff of employees works diligently to keep the shop well-stocked and orderly. Also, with a brand new refrigeration system, the store has an even greater capacity to increase the existing inventory. There is great expansion potential for this business which could be attained with relatively little investment. The economy of the area is ripe for growth. For more information on this business contact our offices today! An offer like this is not likely to last long!
All equipment and inventory is included in the sale.
This 10,000 sq ft leased facility is located on a five acre lot and offers plenty of room for future expansion. This is a perfect location for this kind of business, in a highly trafficked shopping mall with an extensive parking area. More details on the lease agreement and property are available upon further inquiry.
Increased profits could be seen through an extension of the current inventory. Additionally, further marketing the meat department would bring more customers. There are plenty of opportunities for this business to grow including further advertising, expanding the current facilities or adding new location.
Asking $550,000 this sale includes all equipment and inventory!


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $540,000
Cash Flow:   $77,419
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $380,000
Seller Financing:  Yes

About The Business

Year Established:  1977
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Key employees will most likely stay on after the sale. The owner will be available for a reasonable transitioning period.
Reason For Selling:  Other interests.

Photos

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Retail Grocery Store With Bakery & Butchery Photo 1




Print Listing Id: 700201741
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > North Dakota Businesses For Sale > North Dakota Franchises For Sale > North Dakota Business Brokers



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