Business Summary:
BUSINESS: This store is located on Highway 38 with approximately 300 feet of road frontage. It has served many customers on their way to and from the coast as well as locals. The sellers state 75% of their trade is Highway Travelers and only 25% is dependant on locals. At this time the store tries to offer everything tat a person would need. One side of the store the sellers have placed a few items for consignment, such as wood stoves along with other items. The sellers are all at retirement age and are ready to sell as they have operated this business for the past 40 plus years. BUILDINGS: This is a solid concrete building with a concrete foundation. It contains 6,400 square feet of space. The building was built in 1968. A new septic system was put in place in 2002. The well is shared with 14 others and the store pays $120.00 per year as its share for water. A new steel roof was installed in 1980 and a full repair was made in 2007. HOURS & PERSONNEL: The summer hours are from 7 AM until 7 PM 7 days a week. The sellers work the store with no outside labor. FIXTURES & EQUIPMENT: Please refer to the attached list of included and excluded items. PRICE & TERMS: Total asking price is $360,000 plus inventory. Inventory is to be calculated at retail less 30%. Carton cigarettes, deli and store supplies at sellers invoice cost. Sellers are asking for all cash.
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