Neighborhood Grocery Store In Historical Town
Not Disclosed, MN Not Disclosed
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- RE: Neighborhood Grocery Store In Historical Town
- Contact: Duane Johnson
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $1,724,921 | |
| Net Profit: | $30,766 | |
| Cash Flow: | $128,738 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $550,000 | |
| Year Established: | 1995 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 952971 | |
| Broker Reference #: | 11736 DJ CL |
Business Overview:
Family-owned neighborhood grocery store for sale located in a historical destination town. This business was established approximately 30 years ago. This is ideal for an owner operator. 2024 revenues $1,725,000 with an owners Net of $128,000+. This business is priced below 1 times the owner’s adjusted income and the business and real estate are currently priced below asset value at only $650,000 including real estate valued at $550,000, FF&E valued at $50,000 and Inventory at $85,000. This location continues to experience positive growth. For more information please contact Duane Johnson, Christopher Lappen or Jean-Marc Johnson at 952-831-3300 or email us at Duane@calhouncompanies.com, CLappen@calhouncompanies.com or JMJohnson@calhouncompanies.com
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Reason for Selling:
Other InterestsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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