Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price	$600,000	Inventory	$65,000**
Gross Income	$460,837	Real Estate	$450,000*
Cash Flow	$86,408	Year Established	1945
FF&E	$60,000*	Employees	4 ft / 1 pt

* included in the asking price

** not included in the asking price

This is the only gas station and general store in the town of Conconully. Conconully is a major year round resort town - fishing and boating in the summer and skiing and snowmobiling in the winter. This business has been established since 1945. The price includes the business, the building the business is in (1820 Sq Ft), a huge warehouse and garage, a 1998 3 bedroom, 2 bath modular home (1404 sq ft), a rental cabin (rents for $350 per month) and a trailer (rents for $235 per month). The property consists of 5 lots. The business has a beer & wine license, Lotto, an ATM, fishing licenses, and gas. The Seller is moving out of town and is negotiable. This is a great business for a Buyer who wants to be in a year round resort town and wants to own the real estate and the business. The current owner has owned it for 4 years and has done very little promotion or marketing of the business. The new owner could add a deli and take out food for the tourists. This would also be an ideal place for a business servicing snowmobiles during the winter, which could easily be done out of the warehouse/garage. The Seller currently has a Note to the previous owner that could be assumed - the balance is about $250K @ $1,347 per month @ 5 %. The Seller is easy to work with and is looking to make a deal.

Facilities: The business occupies 1820 sq ft and is fully equipped to run a grocery/C-store and gas station. The 1998 3 bedroom, 2 bath (1404 sq ft) modular home is is pristine condition. There is a small cabin and trailer that are rented. And there is a huge warehouse and garage. This all sits on 5 city lots.

Competition: There is NO competition - this is the only grocery and gas station in town.

Growth/Expansion: The new owner could add a full service deli and take out for the tourists. In the winter, the new owner could add a snowmobile service center, which could easily be run out of the warehouse/garage.

Financing: Cash, Bank Financing or Buyer can assume Seller's Note of $250K @ $1,347mo

Support/Training: The Seller will provide 2 weeks of on-site training on the day to day operation of the business and introduction to vendors

Reason Selling: The Seller is moving out of the State