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Asking Price:	$525,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Conv & Food Stores
Reason for Selling:	retirement.
Year Established:	1985
# of Employees:	4
Yearly Revenues:	$1,300,000
Yearly Gross Income:	$218,000
Monthly Payroll:	$5,000
Total Debt:	$29,000

Business for Sale Overview:

PRICE REDUCTION--This c-store is located in Sharon, VT just off I89 and situated along the scenic White River. This is an excellent turn-key business opportunity with a 25 year history. Sales exceed $1.2mm in this quiet bedroom community where most folks work in Lebanon and Hanover NH at Dartmouth Medical Center and Dartmouth College along with several other major businesses. The customer base is made up mainly of regulars from town and surrounding areas on their way to and from work in the valley. The building layout is designed for minimal employment;one person with occasional overlap is quite adequate for daily operations. Sales of game/fishing licenses provides additional income during the various seasons as folks have come back for many years. We also offer Instant Lottery and Powerball sales. This is an ideal business for that person who would like to live and work in a peaceful Vermont village. The town also boasts of a modern elementary school and renowned junior and senior high academy. Additionally students can attend nearby high schools.

Property Features and Assets:

The building, built in the 40's has had many upgrades over the years and redesigned in 1985 to convert to the C-store. We offer all the basic convenience items along with Gasoline/Diesel and Kerosene. We open at 5:30am where we enjoy a brisk coffee, snack and gas business from the folks on their way to work, and stay open till 9pm for the return trip. The underground tanks, installed in 1992 are owned by the business and include a 4K gal diesel tank, an 4K and 8K gasoline tank enclosed in a single outside tank. The Kerosene tank is above ground along with our propane exchange. Permits exist to provide for living quarters above the store. A full basement is presently used for storage. A direct line security system is installed for un-authorized entry, and closed circuit tv (inside and outside) provides additional security.Assets include the building, real estate, fixtures and inventory of $50k.

Market Competition and Expansion:

There is an additional general store in town whose main feature is fresh meats, groceries and gas. I opted not to compete for the meat business due to labor costs, rather I stuck with standard convenience items and longer hours. Additionally our business is a fish & wildlife agent and sell game/fishing licenses. There is additional opportunities for expansion such as fast foods/ pizza, etc...I have opted not to do this as I want to retire.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.