The Belmont Market- Grocery and Liquor

Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30601479
Property Subtypes: Food and Beverage
Status: Pending/Contingent
Building Size (RSF): See Agent
Sale Price: $374,900
Name of Establishment: The Belmont Market
Gross Revenue: $1 (Annual)
Cash Flow: $1 (Annual)
Last Updated: 8/31/2020

Overview / Comments

The Belmont Market is a Well Known Liquor and Grocery Store in Belmont Michigan.

It is a well known Landmark in the Belmont Area with many generations of family members visiting the store. Some of the loyal customers remember when they could purchase big league chew and baseball cards, while others remember the candy bars and malted milk.

Sandy the, current owner, purchased the store in 2014 and renamed the business from “The Belmont Grocery” to “The Belmont Market”. Along with the name change Sandy and his daughter in law Kim made many improvements, increased inventory and slowly injected life back into this community store.

The Belmont Market is a wonderful place to shop for people who want to avoid the hustle and bustle of the large stores especially, if they only need one or two items. The current owner has enjoyed promoting delicious Michigan beers, a great selection of packaged liquor and a variety of wines along with most grocery staple foods like milk, bread, butter etc.

Located on the White Pine Trail, this store provides not just your typical grocery and liquor products, but also a place to rest, catch up on electrolytes and some great conversation.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Industry Segment: Liquor Stores
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,336 28,745 83,940
Median Age: 37.75 39.73 38.08
Households: 1,490 10,993 32,263
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