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Well Established Grocery Store and Deli For Sale

For Sale in IA

Financial & Assets Details

$1,066,756
$41,930
$100,000
$140,001
$138,998
7000+/-

About the Business

1956
1 FT/9 PT

Growth & Expansion

A profitable deli was added a few years ago and has great potential to expand since seller frequently turns down requests for catering which could increase revenue, cash flow & earnings. New owner could potentially improve the cost of goods sold percentage currently averaging 80% to be nearer the 70% industry average and potentially add $100,000 to bottom line.

Market Competition:

This is the only grocery store within a 15 mile radius. One convenience store in same town is sole competition.

Location Details:

Real Estate is available to purchase or lease. Building is over 7000 sq ft and has plenty of parking on a major highway with high visibility.

Support & Training

Will train for 2 weeks @ $0 cost.
Services include produce, meat, liquor, deli and occasionally catering.

Reason for Selling:

Inquire with Broker

Listing ID: 5002-10312