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Old 10-09-2024, 12:31 PM   #71
The Real BigGuy
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Default Not a 12 month a year business.

Quote:
Originally Posted by lakewinnie View Post
We stopped by one afternoon in July (week of the 4th) - middle of the day - to get some food and ice cream. The food counter was closed. Ice ream selection was very limited. Middle of the day during the busiest week of the summer.

I was hoping this business would be successful.
She wanted to make it go as a year round business. Unfortunately, as a number of owners/operators over the past 25 years have discovered, there simply isn't enough traffic once the boating season ends. Add to that she alienated a large part of the boat owners in the condo marina across the street and you don't have a great formula for success.

Last I heard the ask for the business and the property (only the building and the land the gas dock and gas storage tank are on across the street - the condo association, which the store is part of, owns all the parking and some of the land around the store) was $3.5 million. I think it will be difficult to find a buyer who wants to operate it as a 6 or 7 month a year business at that price. Unfortunately, I don't see a future for the property as a convenience store.
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