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General Store: Food, Alcohol, Hardware & More
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $345000
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1950
Number of Employees 4 - 5
Inventory 45000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Key employees will most likely stay on after the sale. Owners will stay for a reasonable time to allow for a smooth transition.
Reason for Sale Approaching Retirement
Description Family owned and operated since 1983, this retail establishment is a true General Store. This ''good ole country store'' sells select groceries, beer and wine and has a seasonal deli with items like pizza; sub sandwiches or hand dipped ice cream. They also have an abundance of hardware items such as tools, parts for lawnmowers, farm supplies, seasonal plants, mulch and fertilizer, everything customers need. This business can also cut keys for customers. They have a very honest staff that is dedicated to helping customers find exactly what they need and providing it to them at a fair price they can afford. They know and greet all of the locals on a first name basis! This wonderful Virginia based business takes pride in serving their customers with country charm and hospitality allowing them in having just what they need and want in their community. They are recognized for their good reputation, reliability, strong customer base, and customer service. This fine business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. What are you waiting for, call today for all the details!
Drinks, beer and wine account for 35 percent of the primary business activity. Food is 20 percent, and hardware and plumbing account for 15 percent. Farm supplies and the seasonal deli are 15 percent each of the activity. The current owners are ready to retire and see a new owner take it to the next level.
Located on 1/2 acre, the 3,000 sq ft building is divided into separate sections including Food, drink and snacks, hardware, automotive and pet supplies. There is also a seasonal counter with food or Ice cream and an outdoor storage shed on site. A beautiful country setting has plenty of paved parking with ample room to display lawn furniture and landscaping supplies. Valued at $160,000, the property is owned with option to purchase.
Asking $160,000 for business with equipment and inventory.
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