Grocery Store with Real Estate – Itasca County

Minnesota
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Asking Price:$500,000
Gross Revenue:$1,810,048
FF&E:$100,000
Established Year:1979
Cash Flow:$132,960
Inventory:$225,000
Real Estate:$501,000
BUSINESS DESCRIPTION

A well-established market, deli, and bakery, includes a strong customer
base and exceptional reputation for top quality products.

• Over 40 years in business
• Long-standing FT employees to cover each of the major
departments + flexible part-time workers
• Loyal customer database with over 1,800 memberships
• Seller retiring

The business is being sold with real estate for a total purchase price of
$1,001,000 including inventory. Cash flow for business is $132,960.
Cash flow for business and real estate is $172,960

Sunbelt Listing ID: 55762


DETAILED INFORMATION
Location
Minnesota
Inventory
Included in asking price
Real Estate
Owned
Building SF
11,816
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Down Payment of $180,000. SBA Financing Available to a Qualified Buyer.
Reason for Selling
Retirement
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