Country Store/Laundromat/Fishing & Hunting

Stafford County, VA

Seller Financing Available
Country Store/Laundromat/Fishing & Hunting
Contact Seller

Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,850 /Month

Established: 1960

Country Store/Laundromat/Fishing & Hunting

Save Print Share Valuation Report

Business Description

Bait and tackle

This well established store (country store) with a huge loyal customer base offers three distinct businesses: Grocery and Propane , Fishing and Hunting, and Laundromat. The Grocery and Propane part of the business sells a little bit of almost everything from deli to beers and wines, from lottery/scratch (where we sold a 1 million and also a 4 million prizes) to foods and drinks. The propane dispensing station stays busy all the time (our rate is $14.99/tank compared to $19.99/tank every where else). The Fishing and Hunting part of the business consists of a huge variety of fishing supplies and different kinds of live baits (minnows, crickets, and worms) and frozen baits. The hunting supply includes animal calls and scents, ammunitions, gun accessories and cleaning supply. Our next door laundromat offers self as well as full services. In the last five years, we have replaced all of our washers and dryers with brand new sideloaded Speed Queens.
Due to the diversity of our business and our huge customer base, the store stays very busy year round. The store is located on a very busy highway about 5 miles south of Quantico Marine Base and about 4 mile away from a new state park that opens about 3 months ago. It is the only bait and tackle shop within 35 mile radius. So, there is no competition. The store has been at the same location for about 60 years with the current owner managing the business for 18 years.
This is a very highly profitable business with very little or no competition. In addition, the rent for the whole business is only $1,850/month. This is significantly much lower than the current rate for this area.
The business sale price is $250,000. Included in the sale price is our 16 almost brand-new Speed Queen washers and 13 dryers worth about $100,000. Inventory is not included in the asking price.

Detailed Information

Location:
Stafford County, VA
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
4
Facilities:
The sale includes 16 Speed Queen washers and 13 Speed Queen dryers. They are less than 5 years old and are all paid off.
Competition:
The business is very unique and has very little or no competition. The Fishing and Hunting part of the business has no competition and is very, very profitable. Our propane dispensing station is the only location in the area. The laundromat is busy year round because there are a numbers of trailers parks located within a couple of miles from the business.
Growth & Expansion:
Expandsion include: adding kayak/canoe rental. The newly open state park has a boat/canoe/kayak launching ramp and offers a lot more fishing areas. Expanding the laundry services: Currently, we operates the laundry services from the store side, making it very inconvenient for and driving away a lot of customers. Expanding the deli menu. Currently, our busy deli is open mainly for breakfast. A potential new owner can expand that to include lunch/dinner.
Support & Training:
2 weeks.
Reason for Selling:
Wife needs hip replacement surgery and husband retires.
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Leon Chhuoy

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1612477 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.


Similar Listings


SpeeDee Oil Change & Auto Service

Franchise Opportunity
Cash Required: 75000