Country Store With Two Apartments
Location:
United States
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New Hampshire
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Central New Hampshire
Industry: Food and Beverage > Grocery and Supermarkets
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 for sale 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.
Offered at $685,000.
Email or call CenterPoint Business Advisors at 888-988-0999 for more information on this Country Store for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,597,000
Cash Flow:
$124,017
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: Yes
About The Business
Year Established: 1900
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner will provide 40 hours of transitional services.
Reason For Selling: Other business interests.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Grocery and Supermarkets business for sale.
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Print Listing Id: 70087862
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