Mikana General Store

Mikana, WI (Barron County)

Mikana General Store
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Asking Price: Get Financing: $289,000

Cash Flow: N/A

Gross Revenue: $1,325,626


FF&E: $55,000

Inventory: $85,900*

Real Estate: $300,900

Established: 1965

*not included in asking price.

Mikana General Store

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Business Description

DRASTICALLY REDUCED !!!!! Take advantage of the sellers retirement and purchase this profitable convenience store located in Mikana, WI just NE of Rice Lake on the way to Birchwood and dozens of great resorts, cabins and the best fishing in the area. The station offers US Oil / Sunoco gas and diesel products and the General Store offers coffee, liquor, groceries, bait and even has the US Post Office for the area inside the building. This is a great buy. Financials available to qualified buyers.

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Sale price includes a 3,600 SF building with detached 3 car garage on a large .698 AC site. The building has been updated and in very good condition. Inside the General Store is the US Post Office who pay rent monthly to the building. There are 3 fuel tanks: 8000 gal for regular, 4000 for premium and 3000 for diesel. All tanks have been inspected. Last inspection date 4/26/2016. The General Store also sells LP Gas and has a large above ground tank for this service. You can pick up groceries, liquor, fuel, bait and your mail with one stop. This is a well organized and profitable business.
Only convenience store in Mikana. Closest competition east several miles to Birchwood.
Growth & Expansion:
Well run business but there is always room for improvement, additional product offering, etc.
Support & Training:
The seller is retiring but will stay on to thoroughly train the buyer. Here customers have become her very close friends and she want the new buyer to be property introduced and welcome.
Reason for Selling:
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Charles Feather

Business Listed By:
Charles Feather

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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