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Neighborhood Supermarket For Sale
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description 8,500 square foot local neighborhood supermarket. Smaller scale but full service food, produce, deli, and meats in a friendly community located at 313 N. Ovid street Elsie, MI roughly 4 miles north of a main state highway in the dairy capital of Michigan.The store, which was built in 2002, is nestled conveniently in a neighborhood near schools, restaurants, and churches.The store has a steady and loyal customer base including several senior citizens. Currently the store has a walk in meat cutting room, walk in meat cooler, walk in dairy cooler, walk in produce cooler, full service and equipped deli, walk in freezer, hot case, fresh meat cases, zero zone freezers, and a full open air produce cooler. Customer flow is generated daily from the pharmacy located inside the store, traffic on a main road that passes in front of the store, and traffic from the local neighborhood and surrounding communities.The store is surrounded by several small communities with no substantial grocery store competition within in roughly 15 mile radius. Store revenue could be increased by the addition of beer, wine, tobacco, lottery, and a gas station.The store also owns some additional property and there is room for expansion on that property.The store is available for purchase with equipment and inventory or a buyer also has the opportunity to lease or rent the store without equipment and inventory. Information on gross revenue and cash flow can be obtained by speaking with Dennis. Here is the store for you if you are looking for the perfect market in a great neighborhood. For more information call us at (989) 862-9119 and ask for Dave or Dennis or e-mail us. For information on gross revenue or cash flow ask to speak with Dennis Reppenhagen when calling.
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