Grocery Store with Real Estate – Itasca County

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

Interested buyers must be able to demonstrate minimum available capital of $180,000


Listing ID:
55762
Industry:
Retail
Location:
Minnesota > Itasca
Revenue:
$1,810,048
Business Price:
$500,000
Down Payment:
$180,000
SDE (Cash Flow):
$132,960
Real Estate for Sale:
Yes
Real Estate Price:
$501,000
Listing Agent:
Nick Dunnom & Peggy DeMuse
FF & E:
$100,000
Inventory included in sale:
Yes
Inventory Value:
$225,000
Years in Business:
20+ years
Employees (Full-Time):
6
Employees (Part-Time):
12
Reason for selling:
Retirement
SBA Financing Available:
Yes

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