Grocery Store & Mini Storage Business In Texas For Sale

Business description

Unique, well established, very clean, multi-faceted store with adjacent mini-storage (54 units), strategically located next to the main entrance of a flourishing, gated, lake resort community. The well maintained, 7,500’ store serves a large number of permanent residents in the community as well as weekend occupants of lake-homes in the surrounding area. This business was established in 1986 and has produced steady income since inception. A full menu deli with seating area was installed in 2009 and has been well received by clientele. Hardware items, added recently, provide patrons with necessities that, otherwise, would require them to travel miles to acquire. Much more than a convenience store, this business offers fresh meats, produce, dairy products, frozen foods and a full selection of often-used grocery items. Convenient gas and diesel pumps serve the fuel needs of area residents and lake visitors. The all-metal mini storage buildings, built on concrete pad adjacent to the store, maintain a very high occupancy rate, offering significant, dependable rental income. Retiring owner is willing to finance a “business only” purchase for a qualified buyer with adequate down payment and, in addition, will finance associated real estate if buyer desires to include it in the purchase. The additional price to purchase the business real estate, including mini storage buildings, is $650,000. Business property, including mini storage buildings can be leased by a “business only” buyer for $5,000 per month. Seller will entertain reasonable scenarios regarding the disposition of the real estate. This is a wonderful opportunity for someone looking for a turnkey, fairly priced, profitable business located in a beautiful area of east Texas.

Property information

Real Estate:

Real Property Included

Premises details:

7500 sq ft sq ft, $5000.00

Other information

Reasons for selling:

Retirement

Trading hours:

Days: 7 days/week, Hours: 6:30 AM - 8:00 PM

Financing available:

Downpayment Required: NEGOTIABLE
Monthly Payroll: $7,000
Financing is Available

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$175,000 (included in the asking price)