High Profit High Volume At The Beach Convenience Store For Sale

Business description

OVER $230,000 PER MONTH INSIDE SALES & OVER
$1,100,000 ANNUAL GROSS PROFIT IN PRIME LOCATION.
Ideally located at the busiest corner of Route 12 in the very
heart of the Outer Banks of North Carolina. Located within
walking distance of 6 hotels & numerous beach rental
properties, across the street from the Atlantic Ocean and the
beautiful & popular beaches of Kill Devil Hills, across the
street from the busiest public beach access in the area and in
the shadow of the Wright Brothers Memorial National Park.

Owners have fine-tuned the product mix, focusing on high
margin inside sales and downplaying petroleum sales. Multiple
profit centers include gas, Beach Store, Beer & Wine, Upscale
Bait & Tackle Shop, and Gourmet Deli.
Branded Exxon but
no gas contract in place. Averages 70,000 gallons/month. All
new equipment installed in 1999 at a cost of $180,000
includes two fiberglass clad double- walled tanks (1x15,000
gal & 1x8,000 gal) Veeder Root and 2,000 ft2 canopy. In
2006, Ruby upgrade to VeriFone Sapphire System at cost of
$11,000. In 2010, 3 dispensers (6 stations) were replaced
with Gelbarco Encore S Series at a cost of $43,000. Sales
price includes real estate, fixtures, equipment & goodwill.
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Property for sale through Sunbelt Properties, Inc. DO NOT CONTACT STORE OR OWNERS DIRECTLY.

Property information

Real Estate:

Real Property Included

Premises details:

7320 sq ft, $N/A

Business Operation

Reasons for selling:

After 32 years in retail, the Owners plan to pursue other interests.

Trading hours:

Days: 7 days a week, Hours: M-F 7:00 am to midnight; Sat 7:00 am to 9:00 pm

Employees:

Full Time: 28, Part Time: 6

Years established:

23

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$225,000 (included in the asking price)