Listing Number: 36541-892615
Description
This is a unique opportunity to own a well-established grocery store that has been serving the community for over 50 years. Conveniently located in a high-traffic area near a university, hospitals, and professional offices, this store is positioned in a growing residential neighborhood, with new homes being built nearby.
With no other grocery stores within a two-mile radius, this business enjoys a steady flow of customers and has built a loyal customer base over the decades. The store also offers catering services, which provide additional revenue and the potential for further growth.
Key Highlights:
Prime Location: Situated in a busy area with consistent traffic and no direct competition nearby.
Real Estate Included: The sale includes the property, offering a valuable asset and long-term stability.
Longstanding Reputation: Over 50 years of serving the community, with a solid customer base and strong local presence.
Seller Financing: The owner is open to providing seller financing for qualified buyers, offering flexible terms for the right candidate.
This is an excellent opportunity to acquire a profitable grocery store with real estate in an expanding area! Contact us today for more information.
Listing Details
- Price: $1,000,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $170,095
- Total Sales: $2,253,492
- Location: Bannock County, Idaho
- Inventory: $175,000
- FF&E: $125,000
- Employees: 21
- Year Established: 80
- Reason for Selling: New Career
- Category: Food Business Retail,Convenience Stores
Contact Agent:
- Michael Weems
- Phone: (208) 380-1047
- Email: mweems@tworld.com