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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Iowa Businesses For Sale Categories   >>   

Full Service Grocery Store Business For Sale

Location  Iowa,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1628630
Net Profit / Cash Flow  $212260
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1937
Number of Employees  10 - 19
Inventory  262030
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will provide training
Reason for Sale  Retirement
Description  For over 75 years this full-service, well established Central Iowa Grocery Store has continued to provide quality big store service with small town convenience. The existing owners for 17 years have prided themselves in offering the finest quality groceries and giving hometown service such as taking groceries out to your car or supplying delivery if needed. Well known for their meat department and smoked products that keep people coming from not only the immediate community, but from outside areas as well. Partnered with one of the largest and most complete suppliers in the country help make a smaller store operate with the benefits of the large chains. Year end rebates, strong promotional and advertising help, business operational counselors are all part of being a member. Electronic pricing, support and communication help with managing the day to day operation. Constant pursuit of cutting edge information is passed on to capture new customers, drive sales and increase margins. This is only grocery store in community. Currently sells beer and Iowa wine, adding liquor and expanding variety would boost sales in that area. They do not offer lottery or ATM services which pay commission. Sellers desires to sell real estate with business, for an additional $200,000. Prime corner location. 4 walk in coolers, 2 walk in freezers, 24 door freezers. Complete store renovation in 2005. Good visibility with excellent signage. Excellent location on main street with ample parking on street and parking lot. Bldg 7800 sq ft with receiving area in back with forklift for pallets. Innovative HVAC system keeps utility costs much lower than industry norm.
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