MEARS, Michigan
| Asking Price |
$2,300,000 |
Year Established |
1946 |
|
| Annual Revenue |
$1,300,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Chris Hays |
|
| Annual Cash Flow |
$231,000 |
Listing Number |
1009413 |
|
| # of Employees |
5 |
Business Category |
Retail: Non-classifiable |
|
Business Overview:
Imagine owning a piece of Michigan history while securing your financial future. This 80+ year-old general store isn't just a business - it's a cornerstone of the community and a gateway to one of the state's premier outdoor destinations.
You'll find yourself perfectly positioned on the main road leading to a nationally recognized dune ORV area that welcomes over one million visitors each year. Think about it - that's consistent, predictable traffic flowing right past your front door during peak season, with limited competition nearby.
The numbers tell a compelling story: you're looking at $231,000 in seller's discretionary earnings on approximately $1.3 million in gross revenue. This isn't a startup gamble - it's three years of proven, consistent profitability.
What makes this opportunity truly special? You're getting everything in one package. The $1.3 million real estate value, the established business operations, a valuable Michigan liquor license, and roughly $170,000 in existing inventory. Walk in tomorrow and you're ready to serve customers.
Your revenue streams are beautifully diversified. Picture yourself running a full-service deli, stocking groceries for locals, outfitting outdoor enthusiasts with apparel and gear, supplying fishermen with bait and tackle, and serving cold beverages to thirsty travelers. Each season brings new opportunities.
The 5,500 square foot two-story building plus additional storage gives you room to grow and adapt. Your loyal local customer base provides steady year-round income, while summer tourism creates those profitable peak months you'll look forward to each year.
Best of all, this qualifies for SBA financing, making your path to ownership more accessible than you might expect.
Property Features and Assets:
Building: 5,500 sq ft, two-story structure Storage: 40'x32' barn + 60'x30' barn (both on-site) Location: Prime corner lot — the primary access route into the Lake, Sand Dunes, ORV area, ensuring high pass-by traffic from April through October Ownership: Real estate is owned (not leased) and included in the asking price at $1,300,000 Proximity: Adjacent to Dune Rides, State Park, Craig's Cruisers, and the Lake itself Assets Included in Sale Real Estate: $1,300,000 (land, building, storage barns) Inventory: ~$170,000 (grocery, deli, apparel, bait & tackle, seasonal merchandise, souvenirs) Michigan Liquor License: Included — established sales history, significant standalone value Operating Business: All equipment, fixtures, and FF&E associated with store operations.
Market Competition and Expansion:
Annual Visitors: 1M+ drawn to the city area each year Season: April 1 – October 31 ORV season, with peak revenue in June, July & August Location: One of Michigan's premier outdoor tourism destinations Unique Draw: Silver Lake Sand Dunes are the only dunes east of the Mississippi River where visitors can operate private motorized vehicles — an irreplaceable, one-of-a-kind attraction Dune Rides — major attraction immediately adjacent to the store West Michigan lakeshore tourism consistently ranked
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity