Carry On the Legacy of Conklin’s Reliable Market As Its New Owner
For 62 years, the Conklin Reliable Market has been serving the Conklin community and turning over a really nice profit. However, the time has come for the current family who owns the store to turn it over to a new family.
Friendliness, dedication, and willingness to work had have been big keys to the success of the Conklin Reliable Market and are the types of traits the current owners hope the new owners will carry. Conklin’s much loved Reliable Market, a local, family owned grocery store and staple of the Conklin community is looking for the next person to carry on its legacy.
Conklin Reliable Market has been serving its community for 62 years and what’s more is that it has been both profitable and debt free for all of those years. However, the time has come for the family to pass it along to a new person, perhaps you?
Located just one mile from the Conklin Industrial Park, home of distribution facilities for both Amazon and Dick’s Sporting Goods (among others), the Conklin Reliable market is a 5,500 square foot grocery store. It is located inside a plaza with three other businesses and does well for itself. More than 40 percent of total sales comes from its deli and from takeout.
The owners of the Conklin Reliable Market are asking $550,000 for their business which also offers a full line of grocery staples as well as alcohol. The price only includes the business, it does not include is the the real estate. Property rent is $4,000 a month however, the owner of the property would consider selling it in a separate transaction.
Included in the $550,000 asking price is the entire inventory, 18 employees, all of the furniture, fixtures, and equipment. A five year lease with two additional five year renewal options will be offered by the property owner. Whoever buys the grocery store would also be given first right of refusal to purchase the entire plaza in which the grocery store is located.
The current owner has also offered to provide six months of paid training for whoever purchases the grocery store and the store’s current supplier will continue to support the POS system, and technology and shipping of goods.