Listing #oak7023 Asking: $840,000
A real gem of a Store. This is a well-located and busy convenience store, with a classy, old-time country feel.
An old-time country store carrying everything a family would need to haveó from nails, to bait, fuel, propane, ice, clothing and even a complete deli.
Location couldnít be better, within 20 minutes of 5 fishing lakes, and within 15 minutes of the famous Wilson Creek, one of the top trout streams in WNC. Newly named as a state game station, 6 miles to state game lands hunting areas. On main highway between two large towns, 12 minutes to the Interstate, 7 minutes to Lenoir. Within 3 miles of 3 new schools, so area is stable.
Totally new living quarters for overnights for a couple or a really nice perk for a manager. Efficiency apartment with all new wood walls, new bath, separate outdoor entrance.
A fisherman or hunter can stop by and stock their coolers, pick up lunch, get live bait, fill up the car or truck and boat, and even fill the propane tanks for the evening barbeque. If they call ahead their lunch sandwiches can be all packed and ready to go.
Super well established store. Totally remodeled and new equipment purchased in the last year. Two new pizza ovens, valued at 11K each, two new AC units. All equipment except named drink coolers store owned. All new plumbing and wiring throughout. High volume Coca Cola dealer, one of the largest in WNC. High volume means they are able to offer great deals, leading to even higher volume.
Let me tell you the story of this store. It is owned by an old friend of mine, an older gentleman and his wife, he a retired pastor. When he retired he needed something to do and knew of this store, and had lots of experience in the convenience store business, so he bought it. He and his wife had a wonderful time remodeling the store, which they do very well, getting the game permits and the contacts for bait and ice, and buying all new equipment. He knows all the tricks to increasing the profit margin, which he is willing to share with a buyer. They have a good staff. BUT then the other shoe dropped. This store is over an hour from his home and this couple is no longer comfortable working full time and commuting to work. They really want to travel, and the fun of building the business is over. So now it is ready to turn over to someone younger and let them reap the benefits of all the sellerís experience.
Priced at $840,000 plus current inventory, $285,000 assumable at 6%, some owner financing possible. Real estate included. Financials are available.