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Advert Ref: NC001210

Super Mini Mart at the Beach For Sale

Details: Asking price:$1,500,000; Sales revenue:$2,200,000; Net profit:< $250k; Fixtures value:$183,000; Inventory value:$40,000

Business description: You really have to see this opportunity to appreciate its value. The offering includes two very successful businesses, a mini mart with gas that does $2,400 daily from inside sales together with a home/beach decor gift shop. The property is located within a resort community that boasts very restrictive zoning thereby all but excluding likely nearby competition. An added plus is the partially funded plan to construct a state fishing pier within a few hundred feet of the store which should be an important traffic builder. Lenders have indicated a willingness to finance up to 80% of the package.

General information: Years established:1982; Employees: FT 3 PT 5; Trading hours: varies by season; Real Estate: Real Property Included; Location:Route 58 in Emerald Isle; Expansion potential:The property is zoned commercial and the potential is limited only by imagination.; Competition / Market:Limited; Support & training:Owner will assist in an orderly transition; Reasons for selling:Retirement from retail.; Financing available?Lenders have expressed an interest in providing up to 80% advance to qualifed buyers.