Convenience-Store, Gas, Bait & Cafe in Eastern SD

Not Disclosed, SD


Asking Price: Annual Revenue:
$374,000 $1,315,595

Food & Beverage: Convenience Stores


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RE: Convenience-Store, Gas, Bait & Cafe in Eastern SD Broker: Josh Grode Wolters

Quick Facts

Asking Price: $374,000
Annual Revenue: $1,315,595
Net Profit: Not Disclosed
Cash Flow: $113,794
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 15
BBN Listing #: 26324955
Broker Reference #: 5401-14567

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Business Overview:

This one-stop-shop has everything for the visitors that flock to the area for fishing and hunting. Gas sales drive revenues and are supplemented by substantial inside sales of sundries, bait and beer. The cafe has daily specials that bring in regulars and out-of-towners alike. This business sees 500+ daily visitors in the summer months. Inside inventory is included. Fuel will be additional at cost.

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Property Features and Assets:

A nice building with adequate storage. A large lot provides ample access for semis and RVs. The building is nearly 1000 Square Feet with a 12 x 32 attached cold storage. Gas equipment includes pumps, tanks, etc for diesel and unleaded fuel. Restaurant equipment includes fryers, freezers, refrigerators, coolers, grill and oven. Bait shop equipment includes: minnow tank, aerator and supplies. This opportunity is turn-key and ready for a new owner. Total Assets: $230,000

Market Competition and Expansion:

There are a couple (much) smaller operations in the area, but they can’t seem to stay in business. This is the only place people know and are loyal. They have become a sort of de facto guide for visitors looking for the best hunting and fishing spots. A new owner could rent boats and jet skis in the summer and offer guide services all year long.

Reason for Selling:

Retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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