Country Store and Market with Liquor, Deli, Gas, Restaurant & Grill
Location: Massachusetts > Berkshire County
Industry: Retail Stores > Convenience Stores
Financials
Asking Price: $475,000
Gross Revenue: $2,099,051
Cash Flow: $189,299
Inventory: $175,000 (Not Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: Seller is willing to finance 25 - 50% of the transaction price to an appropriate and credit worthy buyer, depending on terms.
Business Summary
This Country Store is a one stop shopping and restaurant location that offers all of the necessary and desirable products and services for seasonal and year around guests. The Business offers a main country store and market with several complimentary product and service lines: (1) general store and market, (2) deli complete with angus beef, seafood and fresh lobster, (3) liquor store, with excellent liquor, beer, and wine selections, (4) seasonal grill and take out restaurant, and (5) gas and diesel pumps. The Company has an excellent record of consistent growth from $1.189M in 2002 to over $2.099M in 2007, increasing cash flow to owner, and increasing gross profits. The Business is an established part of the community since the 1930s and contributes to a number of local activities and community organizations.
About the Business
Year Established: 1930
Employees: 3 full time - 30 part time
Facilities: The Country store is located at a convenient intersection on route to a popular vacation destination. The Country store and market is 2,500 square feet. There is an additional 2,500 square feet in a lower level which is used as storage. The Restaurant and Grill is an additional 432 square feet. Owner is lease willing to lease the facility to an appropriate buyer for $3,900 per month ($46,800 per year) triple net.
Market Outlook and Competition: This business has nearly doubled its sales since 2002, and is a very desirable and convenient vacation location. There is one c-store several blocks away.
About the Sale
Management Training and Support: Seller is willing to stay for a reasonable period of time to insure a smooth transition.
Reason For Selling: Seller is preparing to retire.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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