Posting Details

General Store QSR Deli And Shell Gas And Diesel For Sale - Crowley Lake, Mono County

General Store, QSR, Deli, with Shell Gas, Diesel & Real Estate. for sale in Mammoth Lakes area, Mono County. Asks $2,495,000. 2,366 s/f general store plus auxiliary walk-in cooler-storage & ice making-storage buildings. Has on-sale beer & wine. No lotto/lottery. No auto repair. Has propane.

At gateway to beautiful Eastern Sierras resort areas at major highway. No competition. Surrounded by 1700+ camp sites that average 6 persons per site (per US Forest Service). .

Requires $490,000 cash plus qualification for new bank financing (SBA or conventional) of approximately $2,185,000, 6% VIR, 25 year amortized payments of $14,078 per month=85% SBA financing available..

Investment includes $2,495,000 purchase price, plus resale store & fuel inventories @ cost approximately $75,000, plus approximately $70,000 lender, licenses, transaction costs, plus $35,000 working capital in the bank.

Nets avg. $37,600+ per month/$451,000 annual. Net after $14,078 mo. debt service is approximately $23,552 month. Returns $490,000 cash investment in 1.7 years. Excellent potential for increased sales & profits.

Average monthly sales:& profits, Jan.-Dec..2017:: Fuel sales 28,500 gal. @ 60c per gal. pool margin. General store, deli, QSR sales $97,000 @ 52% gross profit. Average net cash flow for Jan.-Dec.. 2017 was $37,600 per month with owner management..

Operates 15 hours per day 7 days. New computerized fuel system, cash registers inventory control, accounting systems & checkout scanners.

Has 6 full & part-time employees. Monthly payroll & tax, workmen's comp. insurance needed to operate is approximately $20,600 per month, with full-time general manager; $17,200 per month with owner management.

Clean site. No contamination.

Present ownership since 2003. Retiring.

9/13/17 MAI appraisal $2,480,000. Owner receptive to reasonable offers.

An experienced general manager, living in the area, is available to operate the business.

For photos & reviews, google Crowley Lake General Store.
The listing # 233179 General Store QSR Deli And Shell Gas And Diesel - Crowley Lake, Mono County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this General Store QSR Deli And Shell Gas And Diesel in Crowley Lake, Mono County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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