Elephant Butte General Store

Elephant Butte, NM (Sierra County)

Seller Financing Available
Elephant Butte General Store

Asking Price:$895,000

Cash Flow:N/A

Gross Revenue:$2,200,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1983

Elephant Butte General Store

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Business Description

Here is a fantastic opportunity to own a business near New Mexico's very own desert oasis. Elephant Butte General Store & Marine is a full service gas station, convenience store, boat service & repair shop. Additionally, the company includes a successful, licensed Tracker Boat dealership. This diverse and successful business is located on the primary highway used for weekend visitors at Elephant Butte Lake State Park and local residents in the area. The improvements on the property include a 3,500 square feet metal boat shop building, a 1,400 square foot convenience store, gas pumps under canopy, a fenced boat storage lot, and a small mobile office building. Contact listing agent for more details.

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
All real property is included in the sale. Gas station/convenience store including gas pumps and canopy, large metal building currently used as a boat repair shop, along with other improvements all on an acre and a half.
Competition:
There is curently only one other functional gas station/convenience store on land in Elephant Butte. The Butte General Store has been in business for many years and attracts many people year round.
Growth & Expansion:
There is a half acre fenced lot that could be used for expansion or for storage facilities for additional income. Alcohol is not currently sold at the convenience store, but could be sold to attract an additional market.
Support & Training:
Current owners are willing to train new owners during a certain period of time.
Reason for Selling:
Owners are preparing to retire.

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Business Listed By:
Eric Schalk

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