NOT DISCLOSED, Minnesota
Asking Price |
$650,000 |
Year Established |
1995 |
|
Annual Revenue |
$1,724,921 |
Reason for Selling |
Other Interests |
|
Annual P/L |
$30,766 |
Attention |
Duane Johnson |
|
Annual Cash Flow |
$128,738 |
Listing Number |
952971 |
|
# of Employees |
|
Business Category |
Food & Beverage: Grocery & Food Stores |
|
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
Property Features and Assets:
Market Competition and Expansion:
Additional 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