Summary
- Asking price:
-
$499,000
- Sales revenue:
- > $500k < $1.5m
- Net profit:
- $95,000
- Years established:
- 95
- Employees:
- 8
Business description
Turnkey business opportunity to run this thriving General Store in a small community. Operating since 1913, become the 8th owners of this community landmark. A great place to run this business and live. Proper management should net you between $80,000 to $110,000 per year.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- A 2 bedroom apartment is located above the store, with a separate 3 bedroom home located next door available at an additional cost.
- Location:
- Located on the only main street of this small community and 200meters from the public beach, the store is the focal point and information centre of the community.
Other information
- Expansion potential:
- The property allows for expansion and the 3 bedroom home next door can be purchased separately, either to live in or to expand the business.
- Support & training:
- 1 week of training from the owner and then ongoing training from the manager.
- Reasons for selling:
- Being in our 16th year, it is time to retire.
- Trading hours:
- 7:30a.m. - 9:00p.m.
- Inventory / Stock value:
- $20,000