RARE OPPORTUNITY! Profitable 5-Star Full-Service Grocery Store For Sale - 11583

Price
$1,975,000 (Business & Real Estate)
Location
Industry
Category
Grocery Store
Description

Rare Opportunity & strong cash flow! Buyer(s) will inherit rave customer reviews. Profitable 5-Star full-service grocery/produce and meat market plus REAL ESTATE, located in a vibrant SE MN community! Little competition and serving legacy customers. Retail areas and dine in with latest equipment and refrigeration. Award-winning reputation and consistently profitable year over year. Fresh products, meats and merchandise are impeccably selected with bulk product opportunities and competitive pricing. Consistent annual revenue over $1,800,000 and owner’s 3 yr. average adjusted net income $175,000. BUYER BONUS: Sellers completed a $400,000 capital equipment and remodel upgrade in 2020! Business priced attractively at $525,000, not including food inventory. Includes 1.5 acres, buildings are clean and updated with total indoor sq. ft of 20,472, includes retail and storage. Real Estate priced competitively at $1,450,000. Total offering price is $1,975,000. Current owners are flexible and ready to retire.

Inventory NOT included in offering, estimated at $87,000, but will vary. Serious Inquires Only. Buyer must have financial capacity. Seller Financing Available for Qualified Buyer for Business and Buildings. 

Listing ID
11583
Value From Year
2022
Cash Flow
$174,300
Value of Real Estate
$1,450,000
Equipment Price
$350,000
Gross Sales
$1,896,634
Reason for Selling
Retirement
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
45
Full Time Employees
5
Part Time Employees
4

Get New Business Listings Delivered to Your Inbox