Coastal Convenience Store In Fast Growing Beach Area For Sale

Business description

This is one of very few c-stores in this area, most are corporate owned. The location has been established for over 40 years and has a great reputation. The location is on a busy corner with extreme uniqueness. Although the location has been established for over 40 years the facilities are current. The location experiences high traffic flow and many, many customers nearby. The seller will not finance but have several local banks familiar with the long established business and are eager to discuss with a qualified buyer a financing package for this location.

Property information

Location:

Land lease TBD, buyer is purchasing all of the FF&E and improvements (building, tanks, MPD's, canopy, site improvements) The land lease allows for expansion of the building and terms could be subject to new terms.

Other information

Expansion potential:

Many new and exciting developments are nearby and this area continues to grow with a large tourist and retiree presence. Owner/operator could add liquor store or fast food / deli. Or a multitude of other applications to service the high concentration of tourists.

Competition / Market:

Due to the restrictive nature of the city there are no c-stores located within the immediate area, this location has "grandfathered" protection.

Support & training:

Will train for 1 week @ no cost

Reasons for selling:

Corporate owned, they are now focusing on the core business and are selling the operations that do not apply to the core business.

Furniture / Fixtures value:

$70,000 (included in the asking price)