Opportunity: Gas Station For Sale in Spencer, S.D.
Thursday, November 30th, 2006We live in exciting times. While we have had to put the planned town of Laurent on the shelf for the time being, because of the inability of our angel backers to complete the promised funding package, we are moving forward with our plan to invite the Deaf and Signers to join us in McCook County, South Dakota. We are especially concentrating our efforts on the small town of Spencer, which has been struggling to attract new residents and business since it was devastated 8 years ago by a tornado. The good news is that the town, thanks to state and federal aid, and the help and work of many other groups and individuals, has a solid new infrastructure, which includes the sewer, water and roads.
The 1/4 square mile town, says they have 160 residents and a handful of businesses. The bank and post office, the churches and insurance agent, have rebuilt their buildings. Some new houses replace the old ones. Some older homes have been repaired. The vacant lots are mowed and sit waiting for new people to make Spencer their home town.
One business, Spencer Automotive Service, has remained the heart and soul of the town. It has one gas pump, three bays for auto and truck repairs, five tables with chairs and a stock of grocery and household items, as well as bins of nuts, bolts and screws used by the town’s people and the surrounding farmers.
The couple who owns the station are retiring due to health reasons. Chuck and his wife “Sam”, rebuilt their station after the tornado. They moved to the town after visiting friends in the area and fell in love with the lifestyle, the big blue sky, the friendly people. The good clean air, as well as the opportunity to own their own business, kept them in Spencer. They are hoping someone else will take over and keep this vital business open and grow it to become even better.
As I write this today, there is an offer to purchase this business for $90,000. After a careful inspection of the building and the business, and meeting with Chuck and Sam, and the banker, the deal will not be closing. Chuck provided the most important part of the business in the past. He is a great mechanic. Now he is unable to work, and without the income his towing service and repairs brought in, the station only breaks even as it operates on gas sales and groceries.
This means, an opportunity is opening up for a mechanic who is skilled in the repair of many models of autos and trucks and even some farm equipment, to buy the service station/convience store. The building is a steel structure, well insulated, with automatic garage door openers, two 200 AMP fuse boxes, high efficient furnace and includes an area which totals 4350 square feet. The gas pump is computerized. There is an eat-in area as well as coolers and display shelves in the store. Current residents meet daily for breakfast and coffee, seniors and others come for lunch. The afternoon card games and birthday celebrations start about 3 p.m. each afternoon.
More information about this business can be obtained by contacting the listing sales person, Bob Jarding’s cell phone, (605) 770-3613.
CAUTION: We have not made a final decision on whether we will build in Spencer. Please carefully evaluate the purchase of the gas station. We will make our announcement on whether we will select Spencer as the place to build our signing community. We hope to do this within the next 3 months. Once we do, The Laurent Institute will be moving to Spencer, S.D. and we will be working toward bringing other businesses and residents to this town.