Supermarket ready for a new owner

Highland, MI
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Asking Price:$460,000
Inventory:$250,000
Established Year:2008
Gross Revenue:$2,300,000
Rent:$7,000/Month
BUSINESS DESCRIPTION

Amazing Supermarket in Oakland County ready for a new owner!

Great opportunity to take over this Supermarket in Oakland County! This store is 100% absentee run, and the seller pays the manager $8,000 monthly. Atm generates $500 monthly. The store has new freezers and a dairy cooler. The store has a produce and meat department and has an up-to-date P.O.S. system. This store is in a shopping center and is recently remodeled. This is a somewhat franchise chain like supermarket and they have a website and sends out weekly sales ad.


DETAILED INFORMATION
Location
Highland, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
17,500
Employees
6
Reason for Selling
Owner is Retiring
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Joseph
Barbera
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Joseph Barbera