Lakes Region NH General Store

Alton, NH (Belknap County)

Lakes Region NH General Store

Asking Price:$495,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$105,420

Inventory:$40,000*

Real Estate:$400,000

Established:N/A

*not included in asking price.

Lakes Region NH General Store

Get Financing Save Print Share Valuation Report

Business Description

This is a wonderful opportunity to live and work in the beautiful Lakes Region of New Hampshire. This general store business would be an ideal situation for a husband and wife or partnership. The store opened in 1950 but has been completely renovated and upgraded into a modern building with a very nice second floor three-bedroom apartment with two full baths. The apartment makes for a very attractive living arrangement for the owners of the business or as another income producing source for an off-site owner. This offering which includes the real estate and the adjacent three acres of land with two income producing cabins has been a go-to location for locals and seasonal residents for years. Since purchasing the store in 2002, the present owners have enjoyed a profitable business and the quality of life that the business has provided them. Now ready for retirement, they have chosen to put the business on the market. The business can be and has historically been managed as a year round business or in its recent history as a seasonal business closing down for the winter months, allowing the owners to travel south. Year round operation of the business resulted in annual sales over $700,000.

The business and real estate, including $102,500 worth of furniture, fixtures and equipment, training during the transition to new owners, non-compete agreement and good will are available for an offering price of $495,000 plus, the value of the inventory and supplies at cost. The value of the inventory and supplies range between $15,000 and $40,000 depending on the date of the sale of the business and property. The real estate includes the store property and the adjacent property with the two cabins.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

Listing Statistics for Premium Members

Ad#:1270810 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Leon Parker, CBI, President

Business Listed By:
Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Anchor Bar

Franchise Opportunity
Capital Required: $450,000