General Store/Liquor Store/Gas Station

Middleburgh, NY (Schoharie County)

Classic Colonial General Store/Liquor Store/Gas Station

Asking Price:$499,000

Cash Flow:$190,000

Gross Revenue:$950,000

EBITDA:$285,000

FF&E:$125,000

Inventory:N/A

Real Estate:N/A

Established:1920

General Store/Liquor Store/Gas Station

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Business Description

Classic Country General Store/Liquor Store/Gas Station. Magnificent Historical Building ideally situated in a small Catskill mountain hamlet in close proximity to historic towns and villages and recreational interests.This store is reputedly the oldest continuously operating business and has charm to prove it. Truly a General store, its customers can find groceries,beverages,including beer,prepared food,sandwhiches and salads,deli,hardware,hunting and fishing supplies. Included is a complete and popular Wine and Liquor store
with extensive inventory. The business is housed in a 4000 SF Historical Colonial building with balconies and columns and a seven room apartment. The Liquor Store is in a 600 SF attached building and a 25'x35' Barn in good conditon all on approximately 1/2 acres with frontage on 2 roads.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two story 4000 SF Historic Building including: 2000 SF Sales Floor, Fully equiped Kitchen including Deli Cases, Walk in Beer Cooler 18 x 10, Ice Maker, Frozen Food Case, Pizza Oven,Sandwich station, Slicer, Display racks and much,much,more. Seven Roon Apartment for resident owner or rental, a Two Story Barn in good condition, a 6000SF Basement Storage and a one pump Gas Station with 1000 gal. storage installed in 2000. The facility is turn of the century and in solid condition and very attractive.
Competition:
Only Full Service Facility within 5 to 10 miles in all directions on a major highway with restictions on any new business construction. Business provides prepared and deli foods,grocery,beer,liqour,hardware,gasoline,fishing and hunting supplies and services to residential,commuter,second home markets as well as substation Public Works and consruction crews.
Growth & Expansion:
Excellent opportunity to expand existing business without physical expansion,. by superficial facelifting focusing on the historical appeal and attraction. Local advertising and outdoor advertising a natural to attract substantial local commuter populations and considerable traffic pattern.
Financing:
not available
Support & Training:
Seller will provide personal assistance and training for up to 1 month as required or requested by buyer.
Reason for Selling:
owner retiring

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Ron Kutkiewicz

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Ron Kutkiewicz

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