Small Town Grocery Store w/ Real Estate & Apartment building For Sale

Asking Price$450,000

Cash Flow
$24,747

EBITDA$35,181

Gross Revenue$749,803

Inventory$71,216
Not included in asking price
FF&ENot Disclosed

Real Estate$330,000
Included in asking price
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Small Town Grocery Store w/ Real Estate & Apartment building For Sale


Asking Price$450,000

Cash Flow
$24,747

EBITDA$35,181

Gross Revenue$749,803

Inventory$71,216
Not included in asking price
FF&ENot Disclosed

Real Estate$330,000
Included in asking price
Business Description
This sale presents a unique opportunity to acquire not just a business but a community staple with no direct competition in its area. This turnkey operation benefits from a loyal local customer base, established supplier relationships, and proposed expansion strategies that could further elevate its market position. This Small Town Grocery Store represents a promising prospect for an individual or a group seeking to invest in a retail operation with a proven track record, a stable financial standing, and significant growth potential.

The operational efficiency of This Small Town Grocery Store is supported by a well-maintained array of equipment integral to retail operations. This includes modern cashier systems that streamline transaction processes, ensuring a quick and satisfying checkout experience for customers. Refrigeration units of varying sizes are meticulously serviced to keep perishable goods at optimal temperatures, preserving freshness and quality. Additionally, the store is equipped with shelving and storage solutions that are both practical and aesthetically pleasing, contributing to an organized and welcoming shopping environment. The kitchen area, essential for the store’s takeout offerings, boasts commercial-grade cooking and food preparation equipment, underscoring the business’s commitment to providing value-added services to its patrons.

Additionally, the ownership of the property reduces operational complexities and costs associated with leasing spaces, further solidifying its financial stability. Furthermore, the business model, focusing on merchandise profit, has proven effective, demonstrating resilience and adaptability in the face of changing market dynamics.

The strategic addition of gas pumps and an expansion of takeout food options presents a substantial opportunity for Alton Grocery to diversify its revenue streams and increase its appeal to a broader customer demographic. Such expansion breathes new life into the business, potentially attracting travelers in addition to the local residents. Furthermore, the development of a digital presence through a website and the implementation of a loyalty program could significantly enhance customer engagement, offering a platform for marketing initiatives and fostering a stronger community connection. The second-floor apartment adds a layer of opportunity for generating rental income or repurposing to further support business growth, such as expanding retail space or creating a dedicated area for takeout and casual dining.
About the Business
Years in Operation
28
Employees
4
Facilities & Assets
The facility includes a bottom-floor storefront spanning 1500 sqft, along with a second-floor apartment measuring 720 sqft. The property is owned, ensuring stability and control over the premises.
Market Outlook / Competition
This Small Town Grocery Store stands as the sole grocery store within the immediate area, positioning it as a central hub for the community's grocery needs for over two decades. This unique positioning has enabled it to maintain a consistent and loyal customer base, primarily comprising local residents. The store benefits from being the only point of purchase for a wide array of merchandise in the area, thereby ensuring a steady stream of customers.
Opportunities for Growth
This Small Town Grocery Store presents a unique investment opportunity with several key advantages: 1) It’s the only grocery store in its locality, ensuring a captive market with minimal competition. 2) The business includes owned real estate, adding tangible asset value beyond the operational aspects of the grocery. 3) There's clear room for growth and value addition through feasible expansion plans, such as adding gas pumps and expanding food service or rental spaces.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,220
About the Sale
Seller Motivation
Entering Retirement
Transition Support
Training terms are negotiable.
Financing Options
SBA & FAME
Listing Info
ID
2294507
Listing Views
1874

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Business Listed by: Gabe Bamford Trinity Business Brokers

Listing ID: 2294507 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.


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