Summary
- Asking price:
-
$399,000
- Sales revenue:
- $800,000
- Net profit:
- < $250k
- Business closed / Asset sale:
- Yes
- Years established:
- Over 25 years
- Employees:
- 1 FT / 2 PT
Business description
Business established over 25 years. Convenience store sells, beer, wine, cigarettes, lottery, drinks, groceries, ice cream, etc. Store has deli area serving hot & cold food daily and can seat up to 20 people. Outside you have canopy with gas pumps, diesel pump, and kerosene pump. Store has great diesel business due to easy entry and easy exit for big trucks. Store was leased out and gross sales approximately $800K yearly operating on only 5 ½ days a week and Deli serving lunch only. Gross sales could easily double if owner is willing to operate store and deli 7 days a week. Price includes building, land, and equipment.
Property information
- Real Estate:
- Real Property Included
- Location:
- Un-branded gas station-convenience store located on busy highway. Building is 1,900 sq.ft. on 1 acre lot with 180 ft. of road frontage. Plenty of room for expansion and lot zoned commercial with multiple uses. Building completely remodeled in Dec. 2007 with new electrical, plumbing, HVAC, water heater, roof, floors, bathrooms, etc. New 105 acres single-family subdivision (approx. 350 or more new homes) being built next door from this store. Also 1/2 mile from this store is a 70 acres new housing development.
Other information
- Expansion potential:
- Adding a liquor store and other much needed services such as check cashing, money orders, money transfers, etc. will increase your income exponentially. The nearest major grocery store and restaurants are over 5 miles away. Therefore food and grocery sales are very strong at this store. The busy highway in front of the store will become 4 lanes by the end of this year. This can only help your business.
- Support & training:
- 2 weeks training if needed
- Reasons for selling:
- I am 76 years old and ready to retire.
- Trading hours:
- Mon.-Fri. 7am-7pm.,Sat. 8am-2pm., Sun. Closed
- Financing available:
- Owner financing available with $100K down payment.
- Furniture / Fixtures value:
- $20,000