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Asking Price$295,000
Revenue | $4,000,000 |
Established | 1988 |
Cash Flow | $150,000 |
Employees | Undisclosed |
FF&E | $700,000* |
Franchise | No |
Inventory | $330,000 |
Relocatable | No |
Real Estate | $4,325,000 |
Home-based | No |
* Included in Asking Price
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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. |
Training/Support: | As needed |
Ad #90691
Seller Reference #R-2410
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