Broker Name:Charles Spickert, CBI
Broker Email:cspickert@touchstonebiz.com
Broker Phone:(303) 278-7501
Broker Address:P.O. Box 4858 Basalt, CO 81621
Broker Contact Form
Name

Email

Phone

Comment


Profitable SW Colorado Grocery Store
(Grocery Stores and Supermarkets, Liquor Stores)
Mineral County, Colorado
Listed Price: $ 890,000
Listing ID: 201929

Listing DetailsGross Revenue: $ 2,600,000
Cash Flow: $ 260,000
FFE: $ 80,000 (Included in Price)
Inventory: $ 130,000 (Included in Price)
Reason for Sale:

Retirement


Training & Support:

Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.


Listing SummaryBusiness Description:

Established in the 1960’s, locally owned by the current owners since 2002, this store is the only supermarket serving its SW Colorado town and surrounding areas.  This is a full-service grocery store, whose owners pride themselves in providing a great shopping experience, good values and friendly and helpful service from their outstanding employees.  The store grosses over $2.6 Million annually.  The almost 13,000 sf facility was completely rebuilt and expanded in 2010.  The business and real estate are available to purchase with a smooth transition to new ownership.  This is a well-run store with virtually no competition in a growing town that has been recognized as one of the 10 Most Beautiful Towns in Colorado!


Competition:

Very limited…this is the only full-service grocery store in town.


Potential Growth:

Add pharmacy, expand holistic health products and full-strength beer offerings (as well as wine and liquor as permitted by law in the future).


Financing/Terms:

The Seller will entertain offers of varying financial and legal structures.


LocationFacilities:

13,000 sf building, with 6,000 sf sales floor, ample cold and warehouse storage, office and break room and 800 sf leased to a gift shop with a separate entrance…and capacity for expansion.


OperationYear Established: 1965
Employees: 3 FT, 17 PT
Absentee Owner: No