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Old Fashioned General Store

Minneapolis, Minnesota (Hennepin County)

Retail - Miscellaneous Retail | Retail - General Merchandise Stores

Asking Price $130,000 Inventory $107,000** 
Gross Income $348,000 Real Estate  
Cash Flow Not Disclosed Year Established 2002
FF&E $5,000* Employees 2 pt

* included in the asking price

** not included in the asking price

Thriving retail General Store/Dollar Store with stable sales last 5 years. Something for everyone, decorations, food products,toys, and specialty items. Stocked floor to ceiling, busy store in a great location in Hopkins. Sellers have lowered the price $20,000 and will look at offers, so bring an offer.

Facilities: 4,000 sq ft, $3,300/mo includes CAM, assumable until 5/2009

Competition: Good. Sellers are very motivated to move property and have lowered the price $20,000. Sellers have just added tobacco sales and incresed revenue $12K/mo. People are always looking for a bargain and they definitely can find them here. Their unique product mix will keep their customers happy and returning for more.

Growth/Expansion: Space is available next door with deli operation potential. Have added tobacco sales and revenue has increase $11K/mo

Financing: New Financing

Support/Training: 30 days for new owners

Reason Selling: Retirement

AD # 306930

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