Hot Listing
Profitable Grocery + Restaurant – $374K NOI – Real Estate Included
Business Description
Now offered at $975,000 (reduced from $1.15M) — Rio Valley Market is a profitable, well-established convenience store and restaurant serving the Tonopah, AZ community since 1961. Generating $374,000 in annual net income, this turnkey business includes the real estate, all equipment, current inventory, and even 4 apartment rental units for additional steady income.
The market is the area’s trusted one-stop shop for groceries, fresh produce, and essential goods. The on-site restaurant is a local favorite, known for hearty meals that keep both locals and travelers coming back. With minimal direct competition, the business enjoys a loyal customer base that includes nearby ranching families, farm workers, and passersby from I-10.
Facilities include a 10,840 sq ft commercial building housing the store, restaurant, and apartments. The apartments offer flexible use — house the owner or staff, or rent them for extra income. All fixtures, furnishings, equipment, and vendor relationships are included, making for a smooth transition to the new owner.
Growth Opportunities:
* Expand restaurant hours or menu to capture more dining revenue
* Introduce a carniceria/meat deli to meet strong local demand
* Add catering or delivery service to serve ranches, farms, and events
* Use targeted marketing to attract residents from surrounding rural areas
* Leverage apartment units for short-term or long-term rentals
Why This Business Works:
* High cash flow with multiple revenue streams
* Minimal competition in a growing rural market
* Real estate included — providing long-term stability and collateral value
* Loyal customer base built over decades of operation
* Trained staff and proven systems in place for a smooth takeover
The current owner is committed to a seamless transition and will provide 2–4 weeks of hands-on training, including supplier introductions and operational guidance.
Whether you’re an experienced operator looking to add a high-performing location or a first-time buyer seeking a business with proven income and community roots, Rio Valley Market offers the rare combination of strong earnings, included real estate, and expansion potential. Opportunities like this — at a newly reduced price — are hard to find.
The market is the area’s trusted one-stop shop for groceries, fresh produce, and essential goods. The on-site restaurant is a local favorite, known for hearty meals that keep both locals and travelers coming back. With minimal direct competition, the business enjoys a loyal customer base that includes nearby ranching families, farm workers, and passersby from I-10.
Facilities include a 10,840 sq ft commercial building housing the store, restaurant, and apartments. The apartments offer flexible use — house the owner or staff, or rent them for extra income. All fixtures, furnishings, equipment, and vendor relationships are included, making for a smooth transition to the new owner.
Growth Opportunities:
* Expand restaurant hours or menu to capture more dining revenue
* Introduce a carniceria/meat deli to meet strong local demand
* Add catering or delivery service to serve ranches, farms, and events
* Use targeted marketing to attract residents from surrounding rural areas
* Leverage apartment units for short-term or long-term rentals
Why This Business Works:
* High cash flow with multiple revenue streams
* Minimal competition in a growing rural market
* Real estate included — providing long-term stability and collateral value
* Loyal customer base built over decades of operation
* Trained staff and proven systems in place for a smooth takeover
The current owner is committed to a seamless transition and will provide 2–4 weeks of hands-on training, including supplier introductions and operational guidance.
Whether you’re an experienced operator looking to add a high-performing location or a first-time buyer seeking a business with proven income and community roots, Rio Valley Market offers the rare combination of strong earnings, included real estate, and expansion potential. Opportunities like this — at a newly reduced price — are hard to find.
About the Business
- Years in Operation
- 64
- Facilities & Assets
- Includes 10,840 sq ft commercial building with grocery, restaurant, and 4 apartment rental units. Sale includes all equipment, current inventory, real estate, branding, and trained staff. The apartments generate additional rental income and offer on-site housing options for owner, staff, or tenants.
- Market Outlook / Competition
- Rio Valley Market serves a loyal base of ranching families, farm workers, and locals. With minimal competition, it is the community’s trusted one-stop shop for groceries, meals, and essentials. Opportunities include expanding the restaurant, adding a carniceria/meat deli, and targeting I-10 travelers and new residents in the growing Tonopah area.
- Opportunities for Growth
- Pros: Expand restaurant hours/menu; add carniceria/meat deli; grow catering/delivery; capture I-10 traveler traffic; apartments provide extra rental income.
Cons: Rural location may limit growth without targeted outreach; staffing challenges in small towns; some expansion requires investment.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 10,840
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The current owner will provide 2–4 weeks of hands-on training covering daily operations, supplier introductions, inventory systems, and staff management. Additional support is negotiable depending on buyer experience and needs.
Listing Info
- ID
- 2238934
- Listing Views
- 3407
Attached DocumentsAttachment Disclaimer
For_Sale_Flyer_Rio_Valley_Market.pdf
Business Location
Listing ID: 2238934 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.
Businesses for SaleArizona Businesses for SaleArizona Retail Stores Businesses for SaleArizona Convenience Stores Businesses for Sale