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Central Michigan C-store With Esteemed Kitchen! (37633) For Sale

Central MI., Michigan, US
Asking Price:
$425,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$553,000 (USD)
Cash Flow:
$100,000 (USD)

Real property included in the price! Like most convenience stores, this retail location operates 7 days a week providing a host of products, which are in high demand with the local residents and visitors. In addition to drinks, sundries and prepackaged foods, they also sell beer, wine and tobacco products. Furthermore, the locals come in for fresh coffee, breakfast, lunch, dinner and ice cream! The review section is filled with raving comments of awesome pizza, delicious subs, best BBQ in town, great flavors and many more compliments from returning community members. With a great location on the thoroughfare of this town, they have an emphasis on convenient. The 1500 sq. ft. facility, has a new roof and a kitchen with a new freezer, new hood, chicken rotisseries, and a double oven. The retail area is spacious, featuring cold storage and dining tables as well. While 2019 saw $441,000 in revenues, 2020 Sales were at $553,000 and still held net income over $100,000 in spite of nationwide pandemic. The ownership will be available for a smooth transition. In addition to the ownership, four employees keep the business operating smoothly with excellent customer service that keeps the patrons returning. Looking for asset value plus one year’s net, an opportunity like this won’t last long, contact IAG for more details on this community staple!

Property Information

Real Estate:

Real Property Included

Location:

Property valued at $125,000 comes included within the Asking Price!

Size in square feet:
1,500+/-

Business Operation

Reasons for selling:

Other interests.

Trading hours:

Monday to Saturday 6AM - 10PM and Sundays from 10:30AM - 10PM.

Employees:
4 nonunion.
Years established:
2009

Other Information

Support & training:

Standard Owner Transition Period.

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

Financing can be negotiable for the appropriate buyer.

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$48,000 (USD) - included in the asking price

Contact IAG

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