$1,500,000 Plus Inventory for the Iowa Cedar Rapids Area Grocery Supermarket Business and Property. Average monthly merchandise sales are $300,000 with higher margins. SBA PREAPPROVED. Strong EBT and WIC. Complete line of groceries. Adding hardware sales would increase sales as needed. The buyer can generate additional income from ATMs, Bitcoin, lottery, check cashing, bill payment, and money orders, plus other rebates and commissions. Complete Line of Grocery and Beer. Located in an excellent residential and commercial area with a loyal clientele. Near a campground, which brings lots of business. Updated property, business, and equipment. A new 34-door freezer. New LED lighting. A great opportunity for the right family or owner-operator. Semi-absentee seller is motivated and willing to make the right deal with the right owner-operator. Please “do not disturb the employees”.
- Asking Price:
- $1,500,000
- Sales Revenue:
- $3,600,000
- Cash Flow:
- $435,000
Property Information
- Real Estate:
-
Real Property Included
- Size in square feet:
- 15,000
Business Operation
- Reasons for selling:
-
Downsizing for other projects
Other Information
- Support & training:
-
2 weeks at no cost to buyer
- Inventory / Stock value:
- $200,000
