This well-established rural store is a cornerstone of the community and provides a wide range of products including groceries, quick-serve food, hardware, gifts and household items. In addition to the main store, the business also offers a laundromat and redemption center.
- Freehold Price:
- $1,100,000 Furniture / Fixtures included
- Lease Asking Price:
- $300,000 Furniture / Fixtures included
- Sales Revenue:
- Cash Flow:
- Real Estate:
Available as lease or with real property included
- Premises Details:
The business occupies two adjacent buildings; the main building contains the market, and the secondary building houses the laundromat and redemption operation. The sale includes the real estate ($800,000) as well as the business ($300,000).
- Size in square feet:
- 8,000 SF Building
- Expansion Potential:
The business has enjoyed a stable history of revenue and profitability. Over the last year the product mix has changed, increasing bottom line earnings. The business is expected to continue it’s
- Competition / Market:
The business caters to the local, year-round population with a broad selection of product categories to meet day-to-day needs, while it also enjoying a seasonal boost in sales from area visitors. The business is open 365 days and is an essential part of the community and region.
- Reasons for selling:
Seller desires to spend more time pursuing other opportunities.
- 6 FT / 6 PT
- Years established:
- Established in 1950
- Support & training:
The seller will provide transitional training to a new owner.
- Financing available:
Seller TBD. Anticipated Bank $875,000. Down Payment $225,000. Working Capital Needed $75,000 (est.)
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- Lease asking price:
- $300,000 - Furniture / Fixtures included