Strong Community Grocery Store in Iowa with Inventory

For Sale in IA

Listing ID: 5003-14509 | Broker Listing ID:

Financial & Assets Details

Revenues: $1,374,854

FF&E: $157,310

Inventory: $115,334

Inventory Inc. in Price: Yes

Real Estate: $299,000

Square Feet: 9820+/-

About the Business

Year Established: 1963

Employees: 1 FT/18 PT

Business Description

Nice grocery store in Northeast Iowa in need of a full time owner manager. Store has been profitable in the past when it did not have an absentee owner and could be again with the right buyer and the store is priced to sell. Selling price includes $115,000.00 of inventory.

Growth & Expansion

This is a nice sized bedroom community of 2700 positioned between two larger communities and a new buyer could develop a plan to help shoppers shop locally.

Market Competition:

It is the only grocery store in town and the nearest full service store grocery store is over 15 miles away.

Location Details:

Nice building and great location in center of town. Building is a large standalone brick building over 8500 sq ft. Property also includes a large parking lot.

Support & Training

Will train for 1 week @ $0 cost.
Owner/manager should be someone with strong managerial skills to oversee a staff of 18 full and part time staff. Food, Beer, Liquor licenses required.