Grew up in a farming area so here are some thoughts from that time.
How far from the main highway are you?
Would you serve breakfast & lunch or lunch & tea?
How far do you need to go for petrol, will you be allowed to have petrol bowsers for yourself?
How will you refill the gas, do it yourself or delivery?
Supplies for the shop, how far to go, any deliveries?
How far are Dr's, dentists, chemists, police etc?
What is the secondary school like and how would you get there?
Depending on the seasons you will be busier at certain times, eg. quiet at harvest time.
Is it dairy, beef or crops as this will make a difference of times you open.
Not trying to put a dampener on your idea by any means. Maybe go visit an area that is like the one you are thinking of and see/ask what is viable.
My DH and I looked at a place that sounds very similar (so similar that I wonder if it is the same place, is it in VIC?) a few months or so ago now. We would have loved to do it but as others have said above it just didn't seem financially viable to make alot of money, the place was cheap so no doubt you could survive but profit would be minimal.
OMG that sounds so like the little town that I live about 10kms away from. Does it start with M, I know the town I"m thinking of had a Cafe and BB the recently closed down, owners certainly did go weird and were half the reason why the business wasn't a success. It started off OK but turned bad after that.
Sorry won't offer you any advice because I can see positives and negatives to living in a small town. I'm married to a farmer so in a slightly different situation but must say so prefer country living to the city.
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