Business for Sale Overview:
Convenience store with branded Sunoco gas. High volume gas sales @ 40,000-45,000 gallons per month. Fuel contract is rack plus $.015, current pool margin of $.16. Inside sales currently running $60,000-$70,000 per month, should jump to $75,000-$80,000 during summer months. Inside margin is 35%.
Additional monthly income: car wash ($500); ATM ($500); lotto ($700). Inside deli ready to get operational…could add 15% to inside sales and have big impact on other general sales.
Located at a major intersection (imagine being at the center of a compass) with two major thoroughfares serving Elizabeth City’s business and residential customers. Major new retail within walking distance including a hotel behind the store!!
This business was formerly a “Red Apple Food Mart”, re-branded two years ago and has operated successfully at this location for 30+ years.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,000 sq. ft. building
Reason for Selling:
Relocation Out of State
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.