Southern Vermont General Store! - Rutland County
Vermont General Store with Living Quarters for Only $195,000!
Rutland County, VT
Village General Store located in a charming, quaint Southern Vermont community! This nice store sells groceries, wine, beer, other beverages like soda, water, coffee, milk, etc. There is a full line deli department for the sale of soups, sandwiches, salads, cold cuts, fresh meats, etc. They also sell fish and wildlife licenses, lottery, frozen foods, pet foods, health and beauty aides, and other general merchandise. The store is open seven days a week from 7am till 7pm. Sellers represent that their Gross Sales were $245,424.00 in 2013. In addition, there are two apartments above the store, a one bedroom and a two bedroom that each rent for $500.00, and include only heat. A new buyer could use one or both of the apartments to live in, or they could continue to collect the additional $1,000.00 a month rental income, depending on one’s needs. This store does not sell gasoline, and sellers represent that there are no underground liquid storage tanks located on their property. Included in the Sales Price of only $195,000.00 is all the Real Estate, Store Fixtures and Equipment owned but the Sellers, and $7,500.00 Inventory at Wholesale Cost. The Sellers are retiring after thirty-six years of successful ownership, and have priced this property and business to sell, as the Real Estate alone is assessed in the Town for $172,500.00! This is an excellent buy on the market given the condition of the property. If you are looking for your own business that comes with the real estate, has additional rental income, or a place to live for under $200,000.00, this is it!