Retail Grocery Store With Bakery & Butchery
Location North Dakota,United States
Asking Price Range $250K - $500K
Gross Revenues $540000
Net Profit / Cash Flow $77419
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1977
Number of Employees 6 - 9
Inventory $380000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Key employees will most likely stay on after the sale. The owner will be available for a reasonable transitioning period.
Reason for Sale Other interests.
Description The family-owned business detailed in this listing is a fully established grocery store with a bakery and butcher services. They offer a full selection of produce and other perishables along with freshly baked breads and homemade sausages. In fact, the butchery section of the store accounts for 60% of their revenues because of the quality of the meat and competitive price! The store is well established in the community as the best place to find everything on your shopping list in one easy trip. With the best prices and biggest selection in town, this business enjoys growing success in the community.
The business was established in 1977 with the current ownership starting in 2000. Over the years the store has gained a well deserved reputation for a quality selection. A full staff of employees works diligently to keep the shop well-stocked and orderly. Also, with a brand new refrigeration system, the store has an even greater capacity to increase the existing inventory. There is great expansion potential for this business which could be attained with relatively little investment. The economy of the area is ripe for growth. For more information on this business contact our offices today! An offer like this is not likely to last long!
All equipment and inventory is included in the sale.
This 10,000 sq ft leased facility is located on a five acre lot and offers plenty of room for future expansion. This is a perfect location for this kind of business, in a highly trafficked shopping mall with an extensive parking area. More details on the lease agreement and property are available upon further inquiry.
Increased profits could be seen through an extension of the current inventory. Additionally, further marketing the meat department would bring more customers. There are plenty of opportunities for this business to grow including further advertising, expanding the current facilities or adding new location.
Asking $550,000 this sale includes all equipment and inventory!
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