Elephant Butte General Store & Marine

Elephant Butte, NM (Sierra County)

Seller Financing Available
Elephant Butte General Store & Marine

Asking Price:$799,000

Cash Flow:$130,000

Gross Revenue:$1,960,000

EBITDA:$147,280

FF&E:$60,000

Inventory:$40,000*

Real Estate:$450,000

Established:1983

*not included in asking price.

Elephant Butte General Store & Marine

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Business Description

Here is a fantastic opportunity to own a business near New Mexico's very own desert oasis. Elephant Butte General Store & Marine is a full service Tracker Boat dealership, boat service and repair shop, RV and camping store, convenience store, and gas station. This diverse and successful business is located on the primary highway used for weekend visitors at Elephant Butte Lake State Park and local residents in the area. The improvements on the property include a 3,500 square feet metal boat shop building, a 1,400 square foot convenience store, gas pumps under canopy, a fenced boat storage lot, and a small mobile office building. Contact listing agent for more details.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,900
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All real property is included in the sale. Gas station/convenience store including gas pumps and canopy, large metal building currently used as a boat repair shop, along with other improvements all on an acre and a half.
Competition:
There is curently only one other functional gas station/convenience store on land in Elephant Butte. The Butte General Store has been in business for many years and attracts many people year round.
Growth & Expansion:
There is a half acre fenced lot that could be used for expansion or for storage facilities for additional income. Alcohol is not currently sold at the convenience store, but could be sold to attract an additional market.
Financing:
with 50% down
Support & Training:
Current owners are willing to train new owners during a certain period of time.
Reason for Selling:
Owners are preparing to retire.

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Melissa Roybal

Business Listed By:
Melissa Roybal

United Country Real Estate-Revolution

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