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Business For Sale
HIGH PROFIT C-STORE FOR SALE S.OF RALEIGH
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Asking Price: |
$459,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Owner moving, has other businesses |
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Year Established:
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1996 |
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# of Employees:
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2-5 at a time |
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Yearly Revenues:
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$2,815,638 |
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Yearly Cash Flow:
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$160,000 |
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Yearly Gross Income:
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$2,815,638 |
Business for Sale Overview:
Currently Under Contract - Excellent income opportunity for new owner. Cash flow for this C-Store is $160,000, & that includes the owner not working in the store. Owner/operator would make even more money. Inside Sales were $1,154,601 (Merch $745,804, Grill $ 408,797), Gas Sales $1,546,512, Lottery Sales $111,398(profit $7631)& other income $20K (ATM, vendors, rent). Inventory is $75K, but not included in price. Store is in busy location on main thoroughfares south of Raleigh, NC. Profit margin is 27%-47%. Store has great reputation for clean store & great food. Interested, prospective buyer must have cash or plan for financing & good credit in order to obtain the lease. For more details, please download Confidentiality Agreement from website, www.bbotc.net, complete form & sign, then fax to our Charlotte office @704-545-7741.
Property Features and Assets:
Bldg is 3000 sq ft. Rent is $5600/mo; lease is 10 + options. Included in price is $100,000 of furniture, fixtures, & equipment. $75,000 inventory is not included in price. Has alarm system. Store in busy location on main thoroughfares south of Raleigh, NC.
Market Competition and Expansion:
This is a very profitable store south of Raleigh on main thoroughfare. Owner currently does not work in store, thus owner/operator could potentially earn more money. Store continues to grow in sales; cash flow is $160,000.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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