Asking Price: $649,000

Gross Revenue: $1,597,000

Gross Revenue Comments: 2007

Cash Flow: $124,017

Cash Flow Comments: 2007 Discretionary Earnings

Inventory: $50,000 (Not Included in Asking Price)

FF&E: $100,000 (Included in Asking Price)

Real Estate: $400,000 (Included in Asking Price)

Seller Financing: Owner will offer up to $50,000 in financing to a qualified buyer.

Even in a down economy, this business has seen a 15% growth in profits. The recent opening of a new school/church will enable this profit level to continue. This small town general store offers your typical convenience store items, lunch items, along with branded gasoline. The food service offers breakfast and lunch sandwiches, salads, pizza, grilled items, fried foods, coffee, fresh baked bread, and take out catering. Located on a busy State Highway this two story older building has been in existence since the 1800's. The current owner has operated this store for 6.5 years. There is a full time manager and several experienced part time employees that operate the store along with the owner, making this a well run operation.

Year Established: 1846

Employees: 2 full time - 7 part time

Facilities: 2,923+/- SF store on busy state highway. 2 Gasoline pumps (2005), 2 tanks totaling 12,000 gals (1999), awning (2005), and gasoline monitoring system (2005). Inside lunch counter with seating area. There are 2 apartments, one of which is being used by the current owner. The building totals 6,019 +/- SF. There are two areas of unused space that could be renovated into living space, office space, or retail space.

Market Outlook and Competition: This is the only store in a small town so there is a loyal customer base and repeat clientele. Traffic should increase once a new school and church being built nearby are completed and open. The nearest convenience stores are located in adjacent towns approximately 8 miles away, with the nearest grocery stores approximately 20 miles away.

Management Training and Support: Owner will offer 40 hours of transitional services

Reason For Selling: Other business interests