Business Summary:
Small town grocery store with no competition for twenty miles. Weekly sales of $20,000. Yearly revenue of $1,068,000. 4,800 sq. ft. nicely maintained brick building with plenty of customer parking. After expenses, including salaries, cost of goods, utilities,freight, etc., the store shows a profit of $48,000 per year! The current owner does not sell alcohol (liquor/beer/wine) but a new owner could petition city for liquor license. Currently NO ATM. The sales price of $189,000 does not include the store inventory of approx. $95,000. Seller will be paid for the inventory at closing. There is no seller financing. Broker can arrange financing for this store and inventory with 20% down and past grocery/c-store experience on the part of the Buyer.
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