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Businesses For Sale > Business For Sale in McCone, Montana (MT)

Montana Grocery Super Market and Mini-store

McCone, Montana (MT)

Asking Price: Gross: Cash Flow:
$350,000 $2,000,000 $200,000

Furniture and Fixtures Value:
$350,000 (included in the asking price)

Inventory Value:
$190,000 (not included in the asking price)

Real Estate:
$500,000 (not included in the asking price)

Business Summary:
This is an active long term profitable business in Circle, Montana. Schmidt's Super Value is the only grocery store supermarket in town. A bakery and meat market are part of the store. There are walk in freezers, walk in coolers. large bakery ovens and cooking aras. The grocery supermarket business also includes an attached mini-store, a cafe and a banquet area. These businesses compliment each other and bring needed services to the community. The owners are at retirement age and want find new owners for their business. The business was an opportunity for them and it can be an opportunity for you. The business and all business personal property are being offered for sale with a listing price of $350,000. This would include all fixtures, cooolers, freezers, shelving, tables, customer check out system, computer sysetm, kitchen and meat market equipmentet. The buyer would also need to purchase the wholesale cost of inventory at the time of sale which will approximately $190,000. The Business Buyer would have the opportunity to lease the store building and the 1.285 acre lot. The Sellers plan to offer a 5 year lease, renewable for an additional 5 years and also an option to purchase the building and lot. The building is 220' X 80' and was built in 1974. In 1980 a mini-store was added to the west side of the supermarket. The mini-store is 38' X 38' and is also a pre-engineered steel building on a concrete slab. This makes the total building 19,400 square feet. The store is at sidewalk level so there are no steps. The parking lot has 21,354 square feet of paved parking. There is additional room for more parking south of th mini-store. The Sellers would consider a proposal to purchase both the Business Personal Property and the Store building with parking area. The Town of Circle has a good central location in Eastern Montana. The Circl area is being considered for a large modern energy development west of Town. This would increase the area population and demand for products and services. If you are looking for a good place to live, send your childrn to school and enjoy outdoor recreation take a look at this opportunity. If you have an extended family this business is big enough to provide jobs for a number of people.

 

   
Year Business was Established: 1974
   
Number of Employees: 5FT/9PT  
   
Facilities / Terms of Lease: 5 year lease, with 5 year extension. Possibly 1.25% of gross sales + taxes + insurance  
   
Potential Growth/Expansion: Provide top service and quality products and possible energy development  
   
Competition: This is the only grocery supermarket in town. Nearnest competition is 46 miles away  
   
Owner willing to finance: There is an interested bank  
   
Owner willing to train: Sellers will help train new owners  
   
Reason for selling: Retirement Age  
   
Seller Reference Number: bm821168413
BusinessMart.com Listing Number: 37020
 

 

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For more info contact:

Dennis D. Wolff

Redwater Realty
406-485-2741

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