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Supermarket, Gas Station & Real Estate
Location: United States -> Michigan -> Ingham County
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

BUSINESS OPPORTUNITY:
This newly renovated, upscale, trendy, well established full service supermarket along with a kiosk managed gas station is for sale. The current operator within the last four (4) years has spent over $1 Million in renovations (décor, all new cash registers & lanes, polished concrete floors & replaced all refrigeration equipment with 2008 vintage equipment. The store has a full line of groceries, meat and produce, health and beauty care, general merchandise as well as a large fully equipped delicatessen, beer & wine, liquor & lottery.

Highlights:
Operating business & real estate
Supermarket 2014 annual sales of approximately $6.2M
Gas station 2014 annual sales of approximately $2M
27 part time & 8 full time employees (non-union)
All new steel tanks were installed in 2008

Sale will include the supermarket, gas station, real estate & excluding inventory.

For more information, please contact Alan Stern at CORE Partners 248.330.8339 or via email at ahs@corepartners.net


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $8,200,000
Cash Flow:   $400,000
Cash Flow Type:  EBITDA
Inventory:  Inventory Excluded
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Distance between other stores and commute time

Photos

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Supermarket, Gas Station & Real Estate Photo 1




Print Listing Id: 700238558
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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 > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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