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PDFConvenience Store and Branded Gas Station
Listing ID:
OBANKNC001304
OBANKNC001304
Description
Fantastic opportunity for a buyer to purchase an existing convenience store with branded gas station. Attractive and spacious 3,750 square foot free standing building with BRAND NEW 1200 square foot canopy covering two NEW MPD pumps that are credit card ready. Underground tanks and piping are double wall fiberglass. Veede Root system in place completes daily checks and a Phase 1 report has been completed. All of the gas equipment is owned by the seller. Building is equipped with grill and hood system as additional revenue stream. Beer and wine permit in place along with North Carolina lottery. This business is located on a corner property that has a road count of 2400 vehicles a day. It is anticipated that road construction will re-work intersection and road count is expected to rise substantially. Local schools are nearby and there is 10 months of school traffic. The nearest competition is 5 miles away. Revenue is approximately 50/50 inside/outside sales. Ample parking in place for property, U-Haul franchise available. No contract on gas in place, a new buyer can change to any brand or make it unbranded. Seller with consider seller financing to the right buyer. Property being sold separately through Sunbelt Commercial Properties Inc. and must be sold simultaneously with business transaction.
Financials
| Asking Price: | $185,000 |
|---|---|
| Revenue: | $1,310,000 |
| Cash Flow: | $98,000 |
| Downpayment: | N/A |
| Monthly Payroll: | N/A |
| FF&E Asking Price: | $130,000 (Included in Asking Price) |
| Inventory Asking Price: | $35,000 (Included in Asking Price) |
| Financing Available? | No |
Property
| Asking Price: | $425,000 |
|---|---|
| Building Size: | 3750 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1998 |
| Year Acquired: | |
| Full-Time Employees: | 0 |
| Part-Time Employees: | 0 |
| Reason For Sale: | Seller would like to focus on other business interests. |