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Well Established Grocery Store and Deli For Sale
For Sale in IA
Listing ID: 5002-10312 | Broker Listing ID:
Financial & Assets Details
Revenues: $1,066,756
Cash Flow: $41,930
FF&E: $100,000
Inventory: $140,001
Real Estate: $138,998
Square Feet: 7000+/-
About the Business
Year Established: 1956
Employees: 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