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Established General Store, Deli, and Fuel Station.

MI

14
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established General Store, Deli, and Fuel Station.

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Business Description

Business Description

This well-established profitable General Store, Deli, and Fuel Station is in a beautiful country setting located just northeast of Grand Rapids, MI. near a local community college. The new owners have placed many improvements as listed below and reestablished this historic General Store. The store sales exceed $600,000.00 annually. This store has a fuel agreement with the local businesses and municipalities that can increase fuel sales. The store is known for their quality food, excellent service, and great people in the community!

Improvements

Installed double entrance doors to north side of building,
Insulated the north wall
Replaced old north wall studs and raised ceiling
Replaced buckled flooring
Reinforced flooring
Upgraded electrical panels and wiring
Installed new ceiling fans
Built a beer cave – blown in insulation in the walls ceilings and floors, installed entrance door, new refrigeration system installed, over $11,000.
New compressor on east side in walk in cooler
New fan motors in walk in cooler
New security system with motion detectors
Security cameras (10)
Installed Marsal gas pizza oven with exhaust
Deli cooler
Hand sink
Installed a public bathroom with exhaust fan
Installed new counter and wiring for coffee/pop/ slushie machines
New exterior lighting
Replaced light bulbs to all LED’s
Painted interior and some outside

Detailed Information

Asking Price: Accepting Offers!
Gross Revenue: Above $600,000.00
Established: Operating for over 50 plus years.
Inventory: The Inventory varies based on season, currently estimated to be around $60,000.00.
Real Estate: The real estate is owned by the present owners and available for Sale.
Building SF and Year Built: in excess of 5,725 square feet of space for the store. The building was originally built in 1925.
Fuel Tanks: 16,000 gallons split between gas and diesel.
Employees: 6+/- employees.
Facilities: Exceptional condition at all facilities and updated to meet all requirements.
Competition: Only general located in the community.
Growth & Expansion: Open more hours, better signage, more aggressive advertising, sponsorship of local community events, and a hands-on owner/manager that will increase sales and reduce operational expenses. Add more fuel pumps, and a new canopy for fuel. Enter into a branded fuel supply agreement with a fuel supplier.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the original owners.
Reason for Selling: The owners are selling the business to retire.

This General Store opportunity is a wonderful turn-key opportunity! This business is profitable in a terrific location in the North East Rural Area of Grand Rapids! Please call Doug at 616.822.9900! or Rob at 616.855.7677!

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(from currently available funds)
 
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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