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New community grocery store with a deli and meat market. Owner just built this store, everything is new. New owner must buy the business for $300K and the real estate for $700K for a total purchase price of $1,000,000. The acre of land and the 7700 sf. building on a corner lot are worth over a million dollar. This price includes $175,000 worth of furniture, fixtures and equipment and $117,000 worth of inventory. The two additional bays are leased for an extra $1,000 a month income.
This is the only store in the community and they do a very high volume and great deli business. The area is growing with retires who want to live close to the water. New owner could immediately increase revenue by selling propane.
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