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Montana grocery super market and ministore

| Asking Price: | $350,000 | Inventory: | $190,000 ** |
| Gross Revenue: | $2,000,000 | Real Estate: | $500,000 ** |
| Cash Flow: | $250,000 | FF&E: | $350,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
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 areas. This 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 to 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, coolers, freezers, shelving, tables, customer check out system, computer system, kitchen and meat market equipment, etc. The Buyer would also need to purchase the wholesale cost of inventory at the time of sale. 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 main store building is a pre-engineered steel building on a concrete slab. 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 with a concrete slab. This makes the total building 19,400 squar feet. The store is at side walk level so there are no steps. The supermarket portion of the store building has enclosd entries. The store has a canopy roof over the sidewalk on the north side. The parking lot has 21,354 square feet of paved parking. There is additional room for more parking south of the mini-store. The Sellers would consider a proposal to purchase both the business personal property and the store building with parking area. The Annual Gross Business Sales are $2,000,000+ and detailed financial information is available including a Proforma Financial Statement. This business has about 12-15 employees with many of them part time. The Town of Circle has a good central location in Eastern Montana and is headquarters for the following enterprises, County Govrnment, County High School, Midrivers Telephone Cooperative, McCone Elctric Cooperative and Cenex Harvest States of Eastern Montana. Rolandson Implement in Circle is on of the largest John Deere dealerships in Montana, serving a large area of Eastern Montana. The Circle 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 children 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.
About the Business
Year Established:1974
Employees:5 full time - 9 part time
Facilities:Complete grocery supermarket system including scanning check out system, computer inventory, complete cafe facilities system, complete banquet room facilities, complete mini-store facilities.
Market Outlook and Competition:This is the only grocery store supermarket in the Town of Circle. The nearest competition is 46 miles to the southeast.
About the Sale
Reason For Selling:Sellers (Husband and Wife) are at retirement age
Seller Financing:Buyer proposals would be considered
Attached Files - Attachment Disclaimer
| hpim1688.jpg | |||
| mini-store | |||
| Schmidt's Super Value | |||
| Banquet room portion | |||
| Schmidt's Super Value | |||
| Cafe portion |
KEYWORDS: mini-store, supermarket, grocery store, cafe, retail business, meat market, bakery, food, beverage
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State: Montana
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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. Please review the full Disclaimer here.
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