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Ready for a lifestyle change? Relocate your family and enjoy the activities and lifestyle this rural area has to offer. Raise your children in the country while running this profitable family business! Experience the small town atmosphere while having a secure employment and future. This serene community provides a positive, safe, environment to raise a family with numerous outdoor activities. This business is profitable and well operated. The recent opening of a new school/church will enable this profit level to continue. This small town general store offers your typical convenience store items, lunch items, along with branded gasoline. The food service offers breakfast and lunch sandwiches, salads, pizza, grilled items, fried foods, coffee, fresh baked bread, and take out catering. Located on a busy State Highway this two story well kept historic building has been in existence since the 1800's. The current owner has operated this store for 7.5 years. There is a full time manager and several experienced part time employees that operate the store along with the owner, making this a well run operation.
Please refer to listing ID: 896361
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| Industry: |
Retail Stores |
| Industry Segment: |
Convenience Stores |
| Geography: |
United States > New Hampshire > Central |
| Asking Price: |
$559,000 |
| Gross Revenue: |
$1,324,909 |
| Gross Revenue Comments: |
2009 |
| Cash Flow: |
$109,073 |
| Cash Flow Comments: |
2009 Discretionary Earnings from biz and RE |
| Value of Inventory: |
$50,000 (Not Included in Asking Price) |
| Value of Equipment: |
$100,000 (Included in Asking Price) |
| Value of Real Estate: |
$400,000 (Included in Asking Price) |
| Seller Financing: |
Owner willing to provide up to $50,000 in financing to a qualified buyer |
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| Year Established: |
1846 |
| Mgmt. Training/Support: |
Owner will offer 40 hours of transitional services. |
| Reason For Selling: |
Other business interests. |
| Facilities: |
2,923+/- SF store on busy state highway. 2 Gasoline pumps (2005), 2 tanks totaling 12,000 gals (1999), awning (2005), and gasoline monitoring system (2005). Inside lunch counter with seating area. There are 2 apartments, one of which is being used by the current owner. The building totals 6,019 +/- SF. There are two areas of unused space that could be renovated into living space, office space, or retail space. |
| Market Outlook/Competition: |
This is the only store in a small town so there is a loyal customer base and repeat clientele. 2009 sales and profit were almost identical with 2008 and 2007. This is a steady, mature business, NOT a business in decline! Located near a new school and church. The nearest convenience stores are located in adjacent towns approximately 8 miles away, with the nearest grocery stores approximately 20 miles away. |
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| Name: |
CenterPoint Business Advisors, Inc. |
| Email: |
info@cpointadvisors.com |
[Back To Engagements] |
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CenterPoint Business Advisors - 651 Main Street, Suite 200 - P.O. Box 863 - Franconia, NH 03580 - 888.988.0999
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