C-Store For Sale
Location:
United States
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North Carolina
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Raleigh
Industry: Retail > Convenience Stores Retail
Business Summary
Property is not for sale! Price reduced further on Profitable C-Store/Gas for sale near Raleigh, NC to $349K + Inventory ($80,000). READ Carefully: Cash flow is $127,000, & owner does not usually work in the store, but new owner would show less profit due to loan payments being made out of the profits. 2009 Mo Sales: Inside Sales $90,152/mo ($60,798/mo Merch, $29,353/mo Grill), Gas Sales are $86, 202/mo, & Lottery Sales are $25,815/mo. For 2008, Inside Sales: $ 1,125,424 ($ 754,557 Merch, $370,867 Grill) **Gas Sales: $ 1,669,367, Lottery Sales $214,156 . Gas Sales for 2008 increased $122,855 over 2007. The gas volume is growing at great rate. In 2007, store avg'd 8444 gal/week, & in 2008 had a growing avg of 9600 gal/week. Feb 2009 averaged 9289 gal/week, & that is the slow time of the yr. Not included in these numbers (#gal gas) is the kerosene which is minimum of 3500 gal/week. New owner may want to consider changing the kerosene tank to diesel. Lottery sales have almost doubled, 2008 compared to 2007. Owner/operator could take 1 employee's place, thus creating add'l cash flow. Excellent income opportunity for new owner. C-Store/Gas is in Busy location on main thoroughfare. Current owner has great reputation for clean store and great food. Owner will provide training to new buyer. This business has been approved for an SBA Loan for $500K with $125K cash down, good credit, & C-store experience. Interested, prospective buyer must have cash or plan for financing and good credit in order to obtain lease. For more detail, please contact Tonya at 704-575-5418.
Business Brokers of the Carolinas, LLC
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$3,012,479
Cash Flow:
$127,000
Cash Flow Type: EBITDA
Inventory: $100,000
Seller Financing: No
About The Business
Year Established: 1997
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes, available.
Reason For Selling: Owner moving, has other businesses.
Click on the "I'm Interested" button above for more information on this Retail > Convenience Stores Retail business for sale.
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Print Listing Id: 70082766
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