Small Town Grocery Store and Real Estate

This business with consistent discretionary earnings of $350,000 plus, would be an excellent match for a current market, grocery store or convenience store owner or an individual or partnership to apply their entrepreneurial skills and manage a successful local community-based business. The business has a large group of loyal local customers as well as new customers that have discovered that the prices are competitive, they do not have to drive the extra distances to the box stores and the quality of the meat selections is superior.

The location is excellent, just 10 miles from the interstate on a main commuting route. The building is well-maintained with approximately 5,000 square feet of usable space with plenty of parking available.

The business and property including $200,000 worth of furniture, fixtures and equipment, training during the transition to a new owner, good will, non-compete agreement, supplier and vendor lists are available for $1,395,000 plus the value of the inventory and supplies at the time of transfer. The value of the inventory and supplies are approximately $70,000 and will depend on the business cycle at the time of the transfer of the business to a new owner. The offering price is allocated at $500,000 for the value of the real estate and $695,000 toward the value of the business and $200,000 toward the assets of the business.