Liquor, Bait, Tackle, Groceries, Lifestyle, Real Estate

Listing Number: 16951-773931

Description

This profitable retail, grocery and liquor business has been operated by the same family for over 30 years. Markleeville is a destination for outdoor enthusiasts such as: campers, fishermen, cross country skiers, downhill skiers, runners, bicyclists, motorcyclists, hunters and sight seers. People come back year after year to stock up on bait, tackle, wine, ice, beer, liquor, sundries and groceries. Additionally, the store includes gifts, jewelry and local hand-made crafts. Grover Hot Springs is a 10-minute drive from town and a draw for people coming to the area. During the height of the season, the store will see up to 400 customers a day.

This is a rare opportunity to leave the urban world behind and enjoy a wonderful small community. Yet, you are not so far out of the way that you can’t enjoy a touch of the fast pace when you want. Markleeville General Store is located a little more than an hour from Reno and about 45 minutes to South Lake Tahoe and Carson City. Minden / Gardnerville is a quick 25-minute drive away. A residential part of the building provides a way to live and work with no commute! The dream of retiring or semi-retiring comfortably in the Sierra Nevada Mountains is at hand.

The purchase of this business requires the additional purchase of the real estate, which is zoned commercial / residential. The list price of the business and cash flow assumed, includes financing payments on the real estate for $480,000. The property is 3,750 square feet, and includes an unfinished living space, retail area, storage and refrigeration area and a useable basement. The building sits on .15 acres next door to the County Sheriff’s Office and the Government Center. The Markleeville General Store sits on California Highway 89; travelers can’t miss it and locals depend upon it!

Please contact me for more information on how you can leave the rat race behind by buying a business that funds your housing costs and your real estate investment. It doesn’t get much better than this! Books and records are clean and sellers are motivated. The business and real estate purchase have been pre-qualified by a premier SBA lender. This business is located in an opportunity zone as designated by the Tax and Jobs Act of 2017. If you need to invest capital gains and avoid paying the tax on them, this is the place.

Listing Details

  • Price: $599,900
  • Down Payment: $599,900
  • Sellers Discretionary Earnings: $110,036
  • Total Sales: $423,994
  • Location: Alpine County, California

  • Inventory: $50,000
  • FF&E: $0
  • Employees: 1
  • Year Established: 1987
  • Reason for Selling: Estate Sale
  • Category: Convenience Stores
Liquor, Bait, Tackle, Groceries, Lifestyle, Real Estate

Business Listed By:

Donald Glidewell