Convenience Store Near Lake For Sale

Business description

This country store was opened in 1965 and was the first store in the area near the newly built lake. In 2002 a 1,250 sq. ft. addition was added with all new equipment for the store and the cafe. Sells hunting, fishing licenses, beer, live bait, grocery plus the grill/cafe with its famous BBQ, array of breakfast items and fast foods served to the customers traveling the very busy highway that fronts the store. The store is well known for its hamburgers. Sells major brand of gasoline. Separate 1,050 sq. ft. building that can be leased out plus a 660 sq. ft. apartment that is usually leased to employees. All of this sits on 1.596 acres of land that fronts a major highway and a growing, developing area. Gas is 33% of sales;food is 16% of sales

Property information

Living accommodation:

Small 621 sq. ft. apartment. It is usually leased out to an employee.

Location:

located on a major east/west highway connecting several small towns; located near lake and neighborhood area,

Other information

Expansion potential:

Building next door has ample room to add another type of business

Competition / Market:

yes, other stores in the area but none can compete with the cafe and food

Support & training:

yes, owner would provide transitional training

Reasons for selling:

Relocate

Trading hours:

Monday-Sunday, 5:30 am to 10 pm

Financing available:

SBA lender

Furniture / Fixtures value:

$70,000

Inventory / Stock value:

$50,000

Contact the seller

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