Schmidt's Super Valu Supermarket

This is an active long term profitable business in Circle, Montana.

Schmidt’s Super Value is the only grocery store supermarket in town.

A bakery and meat market are part of the store.  There are walk-in freezers, walk-in coolers, large bakery ovens and several cooking areas.

This business also includes an attached mini store, a café, and a banquet hall that seats up to 400 people. 

The different aspects of the business are complimentary to one another, bringing needed services to the community. 

The owners are at an age of which they would like to find new owners for their business and spend more time with their friends and family. 

This business was an opportunity for them and it can be an opportunity for you. 

The business and all business personal property are being offered for sale with a listing price of $350,000.  This would include all fixtures, coolers, freezers, shelving, tables, customer check out system, computer system, kitchen and meat market equipment, etc.  The inventory would be available at wholesale cost at the time of sale.  The buyer has the opportunity to lease the store building and the 1.285 acre lot.  The sellers plan to offer a 5 year renewable lease, with 5 year options, the seller would also be willing to sell the property with the building for the right price. 

 Annual Gross Sales are $2,000,000+, detailed financial information is available including a Performa Financial Statement. This business currently maintains approximately 12-15 employees with most being part time.

·         The main store building is a pre-engineered steel building on a concrete slab.  The building is 220’ X 80’ and was built in 1974. 

·         In 1980 a mini-store was added to the west side of the supermarket.  The mini-store is 38’ X 38’ and is also a pre-engineered steel building with a concrete slab. 

·         This makes the total building 19,400 square feet.  The store is at side walk level so there are no steps. 

·         The supermarket portion of the store building has enclosed entries.  The store has a canopy roof over the sidewalk on the north side. 

·         The parking lot has 21,354 square feet of paved parking. 

·         There is additional room for additional parking south of the mini-store.

Circle has a good central location in Eastern Montana and is headquarters for the following- County Courthouse, Circle High School, Midrivers Telephone Cooperative, McCone Electric Cooperative and Cenex Harvest States of Eastern Montana.  Rolandson Implement in Circle is one of the largest John Deere dealerships in Montana, serving a large area of Eastern Montana.

 The Circle area is being considered for a large energy development west of Town.  This would increase the area population and demand for products and services.

 If you are looking for a good place to live, send your children to school and enjoy outdoor recreation take a look at this opportunity.  If you have an extended family this business is big enough to provide jobs for a number of people.

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Last modified: 08/04/06