 C-Store
~ Gas ~ Deli ~ Sporting
Goods ~ Bait |
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Report Date: |
7/2/2008 |
Office Id# |
395129 |
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Primary
Category: |
Convenience Store |
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Financial
Information |
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Asking: |
$550,000 |
Gross: |
$
1,600,000 |
Cash Flow: |
$ 100,000 |
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Furniture, Fixtures &
Equipment: |
$ 140,000 |
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Inventory: |
$ 100,000(not included in
sale price) |
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Real
Estate: |
$ 260,000 (included in
price) |
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Financing: |
New
Financing, make offer |
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Summary
Description:
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Multiple income drivers on
this diversified property.
Only bait store within 20
mile radius. Deli serves
pizza, sandwiches, broasted
chicken and fryer food, and
is very busy for lunch. Gas
sales are projected @ 400K
gallons for 08 with 131K
gallons used Jan-May 2008. |
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General
Information: |
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Facilities: |
6,400 sq ft ~ 2,400 second
story 4 BR home on .51 acres |
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Competition: |
Nicest deli around. Very
well laid out store with
efficient use of labor.
Only DNR station in town. |
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Growth &
Expansion: |
Business was closed when the
current owner bought the
property in 2007. Sales for
2008 are up with newly
expanded deli. Gun sales are
newly added items. The
owners bought out the only
other bait store last year.
4 BR living quarters, could
provide additional rental
income. |
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Support /
Training: |
14-30 days for new owners. |
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Reason
Selling: |
Retirement/travel
constraints |
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Contact
information: |
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Contact:
Jerry Vlaminck |
Phone:
763.972.9077 OR 763-972-9080
Fax |
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Email:
hospitalityserv@frontiernet.net |
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Prospect Contact Options:
Require prospect's
name
Require prospect's
telephone number
Ask for prospect's
available funds
Ask for prospect's
time frame
Require prospect
submit standard
Confidentiality Agreement |
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