Family-Owned Neighborhood Grocery Store in Historical Destination Town - 11736 DJCL

Location
Industry
Category
Grocery Stores
Price
$650,000 (Business & Real Estate)
Description

Family-owned neighborhood grocery store for sale located in a historical destination town. This business was established approximately 30 years ago. This is ideal for an owner operator. 2024 revenues $1,725,000 with an owners Net of $128,000+. This business is priced below 1 times the owner’s adjusted income and the business and real estate are currently priced below asset value at only $650,000 including real estate valued at $550,000, FF&E valued at $50,000 and Inventory at $85,000. This location continues to experience positive growth. For more information please contact Duane Johnson, Christopher Lappen or Jean-Marc Johnson at 952-831-3300 or email us at Duane@calhouncompanies.com, CLappen@calhouncompanies.com or JMJohnson@calhouncompanies.com

Listing ID
11736 DJCL
Value From Year
2024
Cash Flow
$128,738
Value of Real Estate
$555,000
Equipment Price
$50,000
Gross Sales
$1,724,921
Reason for Selling
Other Interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
29

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