Hubbard's Country Store

Hancock, VT (Addison County)

Hubbard's Country Store
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $243,291

EBITDA: $23,088

FF&E: N/A

Inventory: N/A

Real Estate: $175,000

Established: 1908

Hubbard's Country Store

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Business Description

Completely renovated and ready for new owner!

Opportunity to purchase a historic Country Store in the heart of the Green Mountains of Vermont! Founded by its namesake, Carl Hubbard, this charming business has been operating as a country store since 1908. The property is conveniently located near the intersection of VT Route 100 and VT Route 125 on the Hancock Branch of the White River. This business is on the main route from Addison County to places south such as Southern NH and Boston. The building was extensively renovated in 2015 to update the interior, kitchen, electrical systems, heating systems, and structural components all while maintaining and enhancing the historical charm of the property. The business sells groceries, convenience items, Vermont made products and gifts, has a full deli menu, offers home-made baked goods, sells beer & wine, and has a single gas pump. The current owners have done all of the hard work of bringing this business into the 21st Century and they are excited to pass it on to a new owner that will continue its legacy within the Hancock and surrounding community.

Detailed Information

Location:
Hancock, VT
Real Estate:
Owned
Included in asking price
Building SF:
2,340
Employees:
2
Facilities:
The property includes: a 2,340 sf building with the market and deli occupying the first floor. The entire building underwent an extensive renovation in 2015 with new electrical, hvac systems, interior updates, structural repairs, insulation, and exterior repairs. All the upgrades were thoughtfully done to retain the character and history of the property. The second floor has a small office area.
Competition:
The business has a loyal following due to its convenient location, its long history, and for providing the right mix of goods and services for the community. The business has a well-trained, seasoned staff to assist customers with all of their needs.The main competition for this business includes: the Granville Country Store located 4.2 miles North on Route 100, the Rochester Café and Country Store located 4.3 miles South on Route 100, and the Ripton Country Store located 11.7 miles West on Route 125.
Growth & Expansion:
There are additional opportunities to expand the business by expanding the retail good selection, providing propane filling and/or exchange, offering bottle & can redemption services, offering Lottery and/or tobacco products, offering offsite special event catering services, and expanding the current deli & prepared foods operation.
Support & Training:
Seller will include transition assistance details and time commitment to be negotiated.
Reason for Selling:
Owner to dedicate more time to other business.
Business Website:
http://www.facebook.com/hubbardscountrystore/
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Bryan Phelps

Business Listed By:
Bryan Phelps

Stonewell Properties, LLC

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