Grocery Store/Property in Central MN-Lake Country Gross Sales $2,6M

Asking Price$595,000

Cash Flow
$280,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,678,499

Inventory$180,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$1,100,000
Not included in asking price
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Grocery Store/Property in Central MN-Lake Country Gross Sales $2,6M


Asking Price$595,000

Cash Flow
$280,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,678,499

Inventory$180,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$1,100,000
Not included in asking price
Business Description
Profitable Grocery Store w/ RE in High Demand Area
Established over 40 years ago this Grocery Store with Property is located in Central Minnesota about 2 hours north of the Twin Cities. This full-service grocery store is designed for easy parking and comfortable shopping for customers. It’s located on a very busy state hwy and at a busy intersection in Lake Country. Customers are local residents and cabin owners along with campers. Cashflow stated includes owning the property.
About the Business
Years in Operation
40
Employees
15
Facilities & Assets
Well-designed Building with 8,399 sq ft. on 1 acre of land with updated renovations. Along with the grocery store there is extra commercial acreage for a buyer to use or to sell.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
8,399
About the Sale
Seller Motivation
Retirement.
Transition Support
Seller will provide training.
Listing Info
ID
2385128
Listing Views
965

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Business Listed by: Jim Evavold Opportunities In Business

Listing ID: 2385128 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.