Business Summary:
BUSINESS: A landmark for over 70 years, this country market with deli, grocery, gas, lottery and post office serves locals as well as visitors. The store is approximately 3,000 square feet. This store does not offer fresh meat or produce.
LIVING QUARTERS: Consists of four bedrooms and two baths with a large kitchen (approximately 1,500 square feet). The kitchen stove and washer/dryer stay with the sale.
GAS: The tank holds 6,000 gallons of regular. The tank was new in 1997 and two new pumps were installed in 2010.
POST OFFICE: The post office has 300 boxes. Current payment is $950.00 per year with an increase to $1,200 in 2012.
HOURS & PERSONNEL: Store hours are from 7:00 AM until 9:00 PM. Monday through Saturday. Sunday hours are from 8:00 AM until 9:00 PM. The store is operated by the sellers and two part time employees who are paid at a rate of $9.00 per hour.
LOCATION: Located 15 miles out of Eugene near a very popular lake this business has lots of room to grow. It offers ample parking off the highway, with good visibility from all directions.
FIXTURES & EQUIPMENT: For a complete list of included and excluded items pleas refer to the attached.
SALES PRICE & TERMS: Total sales price is $450,000 including real property, plus inventory. Inventory will be calculated at retail less 25%, gas, cigarettes and store supplies of sellers invoice cost and will be paid for at closing. The down payment required is $100,000 plus inventory. Balance at $2,908.00 monthly including 8% interest (20 years).
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