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Convenience Store With Grill & Real Estate Included For Sale
- Gastonia, North Carolina, United States
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- Business description
- The store is located on 1/3 acre lot with a 2,000 – 2,100 sq. ft. building with a full grill including exhaust hood, deep fryer, 3 door freezer, and 10 door walk-in cooler. The gas tanks and pumps were removed in 1999. Currently the store is being leased as a neighborhood restaurant but can easily be converted back to a convenience store with a full service grill. Current tenant is on a month-to-month lease with a 30-45 days vacate notice. This well known store has been in business for over 50 years. The current tenant is only operating the store on a part time basis, Tuesday – Saturday from 3pm to 8pm.
- General information
- Years established:50 Plus Years
- Employees: 1 FT / 2 PT
- Trading hours: Tues. - Sat.: 3pm - 8pm
- Real Estate:
- Lease terms:Owner willing to do a lease with option to buy.
- Location:This store is located at the intersection of two busy streets inside the city limits of Gastonia. The store is surrounded by hundreds of residential homes within walking distance. Behind the store is several textile manufacturing plants and other factories that employ hundreds of people year round. The residential community consists mostly of working middle-class and blue-collar workers. There is only one restaurant and no major grocery stores near this store. Therefore, beer and cigarettes and grocery sales are very strong at this location.
- Expansion potential:By converting this store back to a neighborhood convenience store with a full service grill serving breakfast, lunch and a light dinner. Also by adding other much needed services such as lottery, check cashing, money orders, money transfers, etc., can increase you income. New owner can exponentially increase their income by operating this business 7 days a week instead of part time. This property is zoned commercial and can be used for multiple purposes.
- Competition / Market:There is one other C-Store nearby, but the competitor does not have a full grill and does not sell food.
- Support & training:Will provide 2 weeks training if needed.
- Reasons for selling:I am 76 years old and ready to retire.
- Financing available?I might consider owner financing if a serious buyer with good credit, and good references has at least $100K for Down Payment.
