Convenience Store In Oklahoma For Sale

Business description

This busy well established location is a typical convenience store serving a local community and highway traffic offering deli, pop, beer, groceries, tobacco, fountain, fuel, State Lottery, propane, novelties and ice cream. All three (3) gasoline pumps – with 2 nozzles each, were replaced new in 2011 and offer pay at the pump convenience with a protective canopy. Gasoline products are unbranded and there are no contract commitments. The entire store was completely remodeled in 2010. When purchased in 2009, inside sales were about $65,000 per month. 2011 inside sales are $110,000+ per month and growing about 10-12% per year currently with a 29% gross profit. Gasoline sales are about 60,000 gallons per month with an average of about 20 cents per gallon (or more) gross profit.

Property information

Real Estate:

Real Property Included

Location:

Major highway location serving small community

Premises details:

Busy highway location outside of Tulsa with a 4000 square foot building on a half acre. Completely remodeled inside and out in 2010.

Size in square feet:

4,000

Business Operation

Expansion potential:

Expanding hours, adding money orders, check cashing and more deli items will increase traffic and revenues

Competition / Market:

Competition is limited to one other store in the market area.

Reasons for selling:

After building another successful convenience store operation, the owner would like to pursue other interests as he approaches retirement.

Trading hours:

Monday thru Thursday 5am to 10pm. Friday & Saturday 5am to 11pm, Sunday 6am to 10pm

Employees:

2 F/T, 4 P/T

Years established:

20+

Other information

Support & training:

Negotiable

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will sell business and lease real estate with option to purchase, if desired

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$90,000 (included in the asking price)