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Bait & Tackle/Convenience Store and Lake Lodge For Sale

Decatur, Tennessee (Meigs County)

Retail - Convenience Stores | Services - Hotels & Other Lodging

Asking Price $550,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 1971
FF&E N/A Employees 3

* included in the asking price

** not included in the asking price

Calling All Fishing Fans!!! Have we got the place for you!!!

Diversified Business and Lodge For Sale by Owner. This property is located approx. two mile from Watts Bar Dam and Nuclear facility in Meigs County, TN. The business features a store that specializes in bait and tackles for the nearby fishing, convenience store items, gasoline sales, and a deli. There is also an income producing Lodge and two bedroom/one bath house within a secure privacy fence. The entire property has been renovated over the past three years. All buildings, items, equipment, and inventory are being sold together.

Facilities: This property includes the 1672 sq. ft. Bait Shop/Convenience Store, two gasoline pumps and canopy, two fish live wells, and various other fishing/hunting/deli retail equipment. The Lodge includes 8 furnished bedrooms, break room/kitchen facility, two bathrooms and laundry/shower room. There is also a furnished two bedroom/one bath house and storage shed enclosed within a privacy fence. All of the buildings have been renovated in the last three years. All of the facilities and equipment are in excellent condition. Many items are brand new.

Competition: Our store has the largest selection of bait and tackle within a 30+/- mile radius. We are located two miles from Watts Bar Dam/Lake, so we cater to both the professional fishermen in the fishing tournaments and general fishermen alike. TVA is also in the process of building a second nuclear reactor, two miles from our facility, so we cater to the workers for their out of town lodging needs, breakfast, lunch and dinner as well as convenience items.

Growth/Expansion: The store has the potential for growth in the area of hunting supplies, clothing, and an expanded deli menu. This is a growing area so your imagination is the limit to the expansion potential of this business.

Support/Training: We will provide assistance and training to the new owner concerning ordering and the day to day operations of the facility. The duration of the training period is negotiable.

Business For Sale By

Not Disclosed

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