Country Store Plus 27 Storage Units And House For Sale

Business description

Located in the souteast corner of Tennessee, in the Ocoee River Region of the Great Smoky Mtns - 2.1 acres with 500' frontage on busy 4-lane hwy connecting Chattanooga to Asheville, NC. Store offers year-round retail sales of fireworks, beer, gifts, souvenirs and snacks (currently operated seasonally due to health problems.) Store has attached 16 x 30 room that could be rented or used for other ventures. Adjacent to store is 2BR/1BA house for occupancy by owner or for rental, and adjacent storage unit area currently houses 27 units with room for more or space may be used for additional ventures. Located near the Ocoee River, site of the 1996 Olympic whitewater events and the Cherokee National Forest with abundant hiking and biking trails, fishing, etc. With low property taxes and no state income tax, area is growing as more people are finding enjoyment in mountain living. Already a major summer-home and tourist area, now more and more permanent - home developments are springing up. Convenient to Atlanta and Chattanooga yet removed from big city congestion, area is noted for friendliness and safety. Nice income plus country living at its best. Owners retiring and in poor health. Reduced to $425,000, which includes $20,000 of furniture and fixtures and $30,000 of inventory.
MUST SELL!! - REASONABLE OFFERS WILL BE CONSIDERED!

Property information

Real Estate:

Real Property Included

Living accommodation:

The store includes a kitchen and bath down, and bedrooms and 1/2 bath upstairs. The house has 2 bedrooms and bath, living room, kitchen and dining area on second level; first level is 2-car expanded garage.

Location:

On busy 4-Lane, Main Highway between Chattanooga TN and Asheville NC

Premises details:

On 2.1 Acres

Business Operation

Expansion potential:

There is space to add additional storage units or for other ventures. Store could also carry grocery and convenience store items, and has additional space for rent or additional sales ventures or offices.

Reasons for selling:

Owners retiring and in very poor health - husband has just had 2nd back operation.

Trading hours:

We have reverted to a seasonal business because of poor health and to give ourselves some retirement time. We are currently open Mid-May to Labor Day, and Thanksgiving to New Year's, and are currently open Mon - Sat 10AM - 7PM, Closed Sundays (could be open, however - beer sales are allowed on Sunday.)
Note that season and hours have been reduced due to poor health of owners - were previously open year-round from 9AM - 9PM.

Employees:

2

Years established:

50 + years; we are just the 3rd owner and have been here 17 years.

Other information

Support & training:

We are retiring nearby, and would be available to help new owners get started. We would also supply extensive vendor lists, mailing lists, spreadshheet pricing tables, etc.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Would be willing to take back small second mortgage.

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)

Related documents:

• 
• Prospectus