* Included in Asking Price
FULL LINE SUPERMARKET
Outside the Cincinnati I-275 Belt Way
and / or
48,300 s.f. Shopping Center on 4.5 acres
The business offered for sale is a 29,000 sq; ft. supermarket with parking for over 250 cars. The orig-inal and current owner built the grocery store off a heavily traveled highway with great visibility and access. The closest full grocery is almost ten miles away.
In the past five years the store has been totally renovated at a cost of $700,000. Since the remodeling, the business is doing over $4,000,000 in sales and is consistently profitable.
A long term lease is available.
PURCHASE PRICE BUSINESS
The business is offered at $695,000 REDUCED TO $295,000 FIRM plus inventory, free and clear of debt. All operating assets and licenses (C-1, C-2, D-6) are included.
PURCHASE PRICE SHOPPING CENTER
The shopping center real estate (48,300 sf, containing the supermarket and six other tenants) is also available at $4,295,000 with an NOI of $478,000. The real estate was appraised in 2016 for $4,325,000.
The business and the real estate are available individually or together.
Supermarket does $4,000,000 in sales. Cash flow $150,000+
Shopping Center that it is in is also available. Rents collected $560,000; net $478,000. .
|Facilities:||Store was remodeled in 2011 for $700,000.|
|Competition:||Very limited - 8 to 10 miles away|
|Growth Potential:||Adding a hardware section.|
Seller Reference #R-2410
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