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Businesses For Sale > Business For Sale in Lake Seminole, Georgia (GA)

REDUCED Store and home for sale in Lake Seminole, GA

Lake Seminole, Georgia (GA)

Asking Price: Gross: Cash Flow:
$ 250,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
This is an excellent opportunity to own an established business in beautiful Lake Seminole which is one of the top bass lakes in the country. You will be minutes away from Seminole State Park, Trails End Marina and 5 other launch facilities. We have a great school system and a four year college within 20 miles. It is a great place to raise a family or a couple looking for warmer weather and a slower life style. We are a small country convenience store. We sell beer, bait, groceries, steaks, hardware, fishing supplies, hunting and fishing license, and lottery. Our customers are fisherman, campers, weekenders, and of course the locals. There are 3 subdivisions with 2 miles that are home to permanent residents and those that visit on weekends. The closest subdivision to us is in the process of developing 91 additional home sites.

Year Business was Established: 1991
Number of Employees: 3  
Facilities / Terms of Lease: The store is 2000 sq.ft and includes all inventory and fixtures. The fuel facility is owned by us and is not branded. It is a 10,000 gal tank divided into 2 compartments of 3000 gals and 7000 gals. The system is up to date meeting all state and federal guidelines. There is a 30X70 metal building, 2 boat sheds, and a green house. The house is 2600 sq ft with 4 bedrooms and 3 bathrooms, ceramic tile and gas fireplace. The property consists of 4 1/2 acres.  
Potential Growth/Expansion: Currently there is not a deli but plenty of room to add one. You could also add gaming machines, and more lottery. The metal building is ideal for a boat repair shop of which there is not one on the lake at this time. With 41/2 acres there is plenty of room for development.  
Competition: There are 2 stores with 2 miles.  
Owner willing to train: Will train for two weeks  
Reason for selling: Age and health issues  
Seller Reference Number: bm1026924018 Listing Number: 229180