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Business For Sale
COMMERCIAL PROPERTY PLUS C-STORE/GAS WITH LAND
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Asking Price: |
$279,000
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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Owners retired. |
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Year Established:
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1992 |
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Yearly Cash Flow:
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$30,000 |
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Yearly Gross Income:
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$30,000 |
Business for Sale Overview:
This property is zoned commercial & has a Convenience Store Plus Gas as well as a small restaurant. The 2,500 square feet building is already leased for $2,500 per month, & there are 8 months remaining on the lease. Please do not disturb the tenants. The tenants prefer to continue to lease the store, so new owner would collect rent for 8 months, & then have the choice of either signing a new lease or operating it themselves. Previous owner, when running the store, closed early every day. At that time, the inside sales were approximately $1,000 per day & gas sales were about $500,000 per year. At that time the restaurant was rented out for $600 per month.
Property Features and Assets:
Store is currently leased out for $2,500 per month. Price includes 2,500 square feet Convenience store with 2 year old 8-door cooler. New owner can collect the rent for 8 months & then either operate store & gas (to make higher profits) or put up for lease. Price includes .71 acres land.
Market Competition and Expansion:
None. However, it is only 4 miles from Edgewater Golf Course & a lake for boating & fishing, as well as 6 miles from downtown Lancaster. Only 35 min from Charlotte.
Additional Details:
- The property is owned.
- The owner is not 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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