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Family Owned Business for over 40 Years

Woodford County, KY

Seller Financing Available
Front Elevation
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Asking Price: $649,000

Cash Flow: N/A

Gross Revenue: $1,700,000

EBITDA: N/A

FF&E: N/A

Inventory: $75,000*

Real Estate: N/A

Established: N/A

*not included in asking price.

Family Owned Business for over 40 Years

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Business Description

THIS BUSINESS IS UNDER CONTRACT AND THE CLOSING IS PENDING.
This Grocery Store has been in continuous operation for approximately 100 years, for the last 40 years by the same family. It is a historic landmark business in a historic town. The closest grocery competition is over 8 miles away. Only one convenient store in the same town. There are two fuel pumps in the front of the store. Beer and lottery sales are permissible with license but not being sold in store now. Real estate and FFE included in sales price. Owner financing is a possibility for a well qualified buyer. Sales numbers available upon request. Proof of Funds Required.

Detailed Information

Location:
Woodford County, KY
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,100
Employees:
12
Facilities:
Historic Building with parking lot and fuel storage tank and fuel sale. Fuel sales are a minor part of the business.
Competition:
No Grocery within 10 miles, only one convenient store in the same town.
Growth & Expansion:
Beer or lottery not currently sold but are available with licensing.
Financing:
Financing available to qualified buyer
Support & Training:
Seller is willing to train and support adjusted to the needs of the buyer.
Reason for Selling:
Retirement
Business Website:
http://lexingtonhomes4you.com/homes-for-sale
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Neil Reed

Business Listed By:
Neil Reed

The Reed Team

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