Business Description
Established over 40 years ago this Grocery Store with Property is located in Central Minnesota about 2 hours north of the Twin Cities. This full-service grocery store is designed for easy parking and comfortable shopping for customers. It’s located on a very busy state hwy and at a busy intersection in Lake Country. Customers are local residents and cabin owners along with campers.
Business Details
ASKING PRICE: The asking price for the business is $595,000 plus inventory estimated at $200,000. Land and Buildings is valued at $1,125,000.
REASON FOR SALE: Retirement
GROSS SALES: $2,678,499.
CASH FLOW: Cash flow is approximately $280,000/yr if owning the property.
FACILITY: Well-designed building with 8,399 sq ft. on 1 acre of land with updated renovations. Along with the grocery store, there is extra commercial acreage for a buyer to use or to sell.
EMPLOYEES: There are typically 15-20 part-time employees plus the owner who works full-time.
