Seller Financing Available

Asking Price:

$350,000

Gross Income:

$310,314

Cash Flow:

N/A

FF&E:

$50,000.00 *

Inventory:

$50,000.00 *

Real Estate:

$200,000.00 *

Year Established:

2002

Employees:

4

Business Types:

Convenience Stores
General Merchandise Stores

* included in the asking price

Business Description

Owning and general store and deli brings back the nostalgia of by gone days. This one has it all. Well built store with great lay out, exceptional food preparation area, and cozy seating tables for sitting down and savory the mountains.
This store could easily get to $500,000 annual sales with tweaking. New owner could capitalize on needs of seasonal lake customers by a more diversified and in-depth merchandise mix.
Store was constructed and set up with point of sale systems and exterior wiring to support quick installation of gas pumps.
Here is the real deal. A great place to earn a living, raise a family, and be in a wholesome environment where life is enjoyed at its best.
Real estate is available separately under separate listing for purchase or lease with purchase option.

Detailed Information

Facilities:

Building was built in 2002 and containing a total 4,000 +/- square feet divided between two floors. Large food preparation area with abundant sit down dining. Rustic interior design is consistent with the surrounding area, one of Tennessee's finest large mountain lakes. Lease would be $2,000 per month.

Competition:

No similar competition within 10 to 15 miles in all directions. This store has a captive market year round and summertime swelling of population who own homes and boats on nearby lake. This is truly a hub spot for community activity and commerce.

Growth/Expansion:

Business needs owners who can reorganize and and depth to inventory and weed out non moving inventory. Beer sales would also increase beverage sales and related items. Area has need for a good bait and tackle supply. Deli does good volume. Restoring Sunday sales would also be a plus.

Financing:

Seller Financing With 35% Down

Support/Training:

Sellers will stay and train for two weeks, negotiable after. Current staff is trustworthy and reliable.

Reason Selling:

Retirement, they are in their 70's.