Business For Sale Listing 144896
Higher Profits~Lower Price! Country Store & 2 Apts
Status as of Nov-21-2008 at 06:01 PM: Active
Business Summary
Even in a down economy, this business has seen a 15% growth in profits. The recent opening of a new school/church will enable this profit level to continue. This small town general store offers your typical convenience store items, lunch items, along with branded gasoline. The food service offers breakfast and lunch sandwiches, salads, pizza, grilled items, fried foods, coffee, fresh baked bread, and take out catering. Located on a busy State Highway this two story older building has been in existence since the 1800's. The current owner has operated this store for 6.5 years. There is a full time manager and several experienced part time employees that operate the store along with the owner, making this a well run operation. This is the only store in a small town so there is a loyal customer base and repeat clientele. Traffic should increase once a new school and church being built nearby are completed and open. The nearest convenience stores are located in adjacent towns approximately 8 miles away, with the nearest grocery stores approximately 20 miles away. Facility consists of 2,923+/- SF store on busy state highway. 2 Gasoline pumps (2005), 2 tanks totaling 12,000 gals (1999), awning (2005), and gasoline monitoring system (2005). Inside lunch counter with seating area. There are 2 apartments, one of which is being used by the current owner. The building totals 6,019 +/- SF. There are two areas of unused space that could be renovated into living space, office space, or retail space.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,597,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($124,017) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $500 Thousand and $1 Million ($649,000) |
