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Northern Vermont General Store!

Orleans County, VT

Seller Financing Available
Northern Vermont General Store!
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $130,000

Inventory: $50,000

Real Estate: $265,000

Established: 1970

Northern Vermont General Store!

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Business Description

Owner Financing Available with only a $50,000 Cash Down Payment!

A very nice General Store located on major route in Northern Vermont roughly thirty miles from Stowe. This well maintained store and property sells a little of everything from groceries, wine, beer, other beverages, dairy products, frozen foods, pet supplies, health & beauty aids, automotive supplies, tobacco products, hardware, meats, magazines, has an deli department for the sale of pizza, subs, sandwiches cold cuts, salads, etc., sells gasoline, and other general merchandise. The selling area for the store is around 2,000 square feet. Annual Gross Sales are over $600,000.00 a year. There is a spacious three bedroom attached home that features a nice kitchen, dining area, living room, two bathrooms, one which is off the master bedroom that is very large and has a whirlpool tub and a shower stall, an office, laundry room and foyer. There is also a large two car garage. Presently the house is rented and provides $800.00 a month rental income, and the rental only includes electricity. Included in the very fair Sales Price of $450,000.00 is all the Real Estate, Store Fixtures & Equipment owned by the sellers, and $50,000.00 Inventory at Wholesale cost. Sellers will consider financing a qualified buyer with a minium cash down payment of at least $50,000.00, and a buyer with good credit. The interest rate will be at the bank rate of interest for commercial loans at the time of closing, and the term will be over 15 years. The owner financing being offered will save a buyer thousands of dollars. This is a wonderful opportunity to “change your lifestyle,” live in a beautiful part of Vermont, and own an excellent business. Confidential! No Brokers Please!

Detailed Information

Location:
Orleans County, VT
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well maintained building and facility. Store has 2000 square feet of selling space.
Competition:
Only Store in Town.
Growth & Expansion:
Buyers can add soft serve ice cream, lottery, and expand hours to increase sales. Store is open 6am till 6pm seven days a week.
Financing:
A $50,000 Cash Down Payment Required & Good Credit!
Support & Training:
Sellers will provide adequate training, at no additional expense to buyers, after the closing to train buyers in all aspects of the business. Training period to be determined between sellers and buyers.
Reason for Selling:
Sellers are retiring after over twenty years of successful ownership!
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Contact the Seller

(from currently available funds)
 
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Mark Benetatos

Business Listed By:
Mark Benetatos

White Birch Realty, LLC

Show Phone Number

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