Southwestern NH Convenience Store-Gas Station

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Make this successful business your own!
Asking Price:
$449,900

Gross Revenue:
$1,285,029
Cash Flow:
$86,103
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
$134,950
included in asking price

Real Estate:
$225,000
included in asking price

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Business Description

Goshen Country Store has been in existence as a convenient store and gas station since the 1960’s. The current owner purchased the store in 1989 and has been the owner/operator ever since. The current owner operates the business as a sole proprietorship. This opportunity features both the business and real estate.
The “country store” feel emanates throughout this extremely neat, organized, and spotless convenience store, which caters to locals and visitors alike. The store prides itself on the following services it provides: fresh deli sandwiches, steamed hot dogs, hot and iced flavored coffees and cappuccino, fresh donuts, sliced deli meats, flavored slush, hot breakfast and lunch sandwiches, beer, tobacco products, fishing supplies, and gas (87 octane and non-ethanol 93 octane).
Goshen Country Store is conveniently located at the corner of a busy intersection of Route 10 and Brook Road, in the beautiful Mt. Sunapee region of New Hampshire. The store primarily serves the communities of Goshen, Sunapee, Lempster, Unity, Newport, and Marlow. On an annualized basis, the store’s customer base includes both locals representing about 65% of business volume and tourists representing roughly 35% of the business. This ratio can vary depending upon the strength of the ski, snowmobile, and summer seasons based on supportive weather. Business is at its height during the summer, with winter weekends and vacation weeks fueling ski and snowmobile season business. Fall foliage season is also a very busy time for the store for both visitors and locals alike, with the locals driving business in the spring mud season once the snow disappears. The store appeals to customers of all economic means as prices have been consciously maintained at very affordable and fair levels.
Goshen Country Store is a landmark location in Goshen and the Sunapee area. The store’s strong sales, profit, and earnings show positive and consistent annual growth. This is a perfect relocation opportunity for a family as well as a change of career path or “be your own boss” option for an individual or couple. This is an existing, strong, profitable business which still has the potential to grow exponentially through the efforts of new, motivated, energetic owners!

About the Business

Location:
Goshen, New Hampshire
Year Established:
1960
Number of Employees:
5
Real Estate:
Owned
Building Sq. Ft.:
1,728
Facilities:
Goshen Country Store is housed in a well-maintained building which is kept very neat, organized, and clean. The current owners keep the real estate well maintained and upgrade when necessary. All furniture, fixtures, and equipment are in good to very good shape, and are all in working order. The space itself is clean, well-maintained, comfortable, and appealing to customers.
Market Outlook/
Competition:
The store’s competitors, none of which are truly direct competitors, are miles away in the town of Newport.
Growth & Expansion:
The current owners believe that a new buyer would want to take the “country store” brand and market it more completely via social media and a broader internet presence, as they have not created any real on-line presence. There is a great opportunity to improve and grow the deli offerings, bring back ice cream sales through the front window, and consider a delivery service.
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About the Sale

Reason For Selling:
Seller has been running the store for 30+ years and is ready to semi-retire.
Training/Support:
The owner is willing to stay on and train for two weeks after the transfer of the business at no charge. He or his wife would also be available in a consulting or supporting role beyond the initial training time, as negotiated.
Seller Financing:
May be available to qualified buyers.

Listing Info

ID:
1609606
Ad Detail Views:
0

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Business Listed by

Jay Polimeno

Sunbelt Business Brokers of New Hampshire

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