St Louis City Grocery

Saint Louis, MO
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Asking Price:$75,000
Inventory:$60,000
FF&E:$75,000
Gross Revenue:$600,000
Rent:$3,500
BUSINESS DESCRIPTION

This well-established grocery store in the heart of Saint Louis, MO, offers a unique mix of Mideastern foods, American, and Mexican groceries, catering to a diverse customer base. The business is fully equipped with a full kitchen and its equipment, adding further potential for growth. In addition to its wide range of products, the store features gaming machines that generate an additional $4,000-$5,000 in monthly income. With approximately $50,000 in monthly gross sales, the business operates in a leased space with a gross rent of $3,500 per month, and the lease is assignable with three years remaining and a 10-year option to renew. Insurance expenses are $1,800 per year. The asking price is $75,000, excluding inventory, which is estimated at $50,000-$60,000 to be purchased separately. This turnkey operation with a solid customer base presents an excellent opportunity for a hands-on owner or an investor looking to expand their retail portfolio. Don’t miss the chance to acquire a profitable business with growth potential in a prime location.


DETAILED INFORMATION
Location
Saint Louis, MO
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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Tony
Alqam
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Tony Alqam