The convenience retail store & laundromat includes approximately 2,000 sq ft, a parking lot with ample parking spaces, currently over $1,000,000 in gross annual sales income and about $170,000 in annual owner’s earnings. It’s not just a gas station and liquor stop, as the business has a great selection of meats, cheeses, convenient foods as well, and a laundromat.
With a very favorable, high traffic location, the business is growing, and is a recession-proof type business as consumers are going to bars and restaurants less and instead are buying and taking home more when it comes to liquor, wine, beer, and food. This very profitable business is the only gas station, convenience store, liquor store, and laundromat within many miles in this Northern Wisconsin area. Expand on this or start your own business venture in the Northwoods.Ģ127 Gas Station, C-Store, Liquor, Laundromat Current merchandise (inventory not included ) includes seasonal decorations, candles, nativity sets, scarves/women's clothes, men's gloves and hunting clothes, tools, puzzles, toys, games, dishes, and kitchen ware. Our area businesses enjoy traffic from the locals as well as the tourists that come to the area for hunting, fishing, ATV and snowmobiling trail riding. This PRIME downtown location has excellent traffic counts, and Phillips has numerous annual festivals that draw the people in.
There are two entrance doors and all display racks are included in sale.
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Looking to own a piece of the Northwoods? The Phillips Northern Merchandise enjoyed 35+ years of success in the heart of downtown Phillips, and owners are ready to retire! There is approximately 8,400 square feet of space, with wood and cultured stone exterior and great opportunity for sign visibility, with display windows the full length of the building. Further details can be found at the company's website: Shoplifting is near zero because of validated access, payment and verified customer's purchase of items. Payment of Labor and associated costs are zero 5. Labor shortage is neutralized by utilizing 'Frictionless Technology' 4. Gross Profit Margin projected at 45% - no sale of restricted items 3. On a Proforma basis, EBITDA as a percentage of sales is 20%-25% 2. Our company has 3 Retail Offerings for the Retail Operator: * Store Front Unattended Insert - See 1st Video * Prefabricated Unattended Convenience Store - See 2nd Video * Computer Vision Vending Machine - See Description in 'Attached Documents Section' below Below are profitability metrics and highlights for the Unattended Retail Offering: 1.
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The process is synthesized to give the customer a checkout free (frictionless) shopping experience. Frictionless Technology is the combination of computer vision, edge technology and sensor fusion. Our 'Frictionless Technology Solution' gives the Retailer the ability to operate a store without accepting cash nor requiring any staff to operate the daily activities that a conventional retail store would mandate.
Start-up Retail Frictionless Technology - Convenience Stores of The Future The store and gas station has the Gilbarco POS systems security features, with 2 new gas dispensers with 4 gas pumps compliant with the new credit card security features. This also includes a brand-new Future POS system that interfaces with Easybar. Bar has just been totally remodeled to include the latest cost-effective technology such as the 12 tap Bottoms Up beer dispenser and Easybar liquor system for 24 liquors. However, they will stay on for a while to help you learn the ropes and meet the community if desired. Current ownership will not be staying on to run the business after the sale.
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Business value included with a current NOI of $200,000.00 with liquor license in place. A storage unit located on the parcel is included in the sale that features 12 bays, 4 which are drive in bays. The building is 6,176 square feet featuring newly updated equipment and appliances. Unique 3 in one business, rare owner user opportunity featuring a long-time restaurant, bar, convenience store with tackle and bail shop and gas station for sale sitting on 10 acres. Financials will then be sent to you for review. If interested complete attached NDA and a recent 90-day personal financial statement. Unique 3 in 1 business for Sale, Bar, Restaurant, Convenience store
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