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Grocery Store, Wayne County, Asking $299,999

Grocery Store, Wayne County, Asking $299,999

High Volume Neighborhood Grocery Store in Wayne County
Wayne County, MI

Asking Price: $299,999
Cash Flow: N/A
Gross Revenue: N/A
FF&E: $200,000
Inventory: $200,000*
Real Estate: $750,000*
Established: 2005
*not included in asking price.

Business Description
Super Market In Detroit Michigan with Real Estate!

This is a neighborhood grocery store that has been in business since 1971 with the present owner over 16 years! The owners have been in the SuperMarket business for over 40 years and are ready to retire.

This store offers over 10,000 square feet of selling floor with an additional 5,000 square feet of storage.

Detailed Information

Location: Wayne County, MI
Inventory: Not included in asking price
Real Estate: Owned – Not included in asking price
Building SF: 15,447
Employees:1 3FT/1PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Stand Alone Building offering a total of 15,477 square feet ( CoStar). Real estate taxes are about $12,000 per year.
Competition: This Store has been operating successfully since 1971. There is competition but there is plenty of demand.
Growth & Expansion: New owners can add hot food and do more marketing. Current owners are looking to retire so they are not as aggressive.
Support & Training: Seller will provide training to the new owner for one week, 7 hours per day at no additional cost to the buyer.
Reason for Selling: Retirement

  • Listing ID: 781

 grocery store

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