Business for Sale Overview:
This is a long established, full service convenience store with independent gasoline sales. There are 3 pumps with a total of 6 fueling points with “pay inside” The store sells Food, Health and Beauty products, Coffee Service, Beer, Cigarettes, and Lottery Tickets. In-store sales in during 2009 are on track to be approximately $183,000 (excluding lottery sales and gasoline sales). Lottery sales average about $120,000 per year. Gasoline sales are averaging 15,000 – 20,000 gallons per month at average gross profit of .17 per gallon. Contact with fuel supplier is .04 above the “Boston Rack Price”. This location has very competitive gas prices. It is on a main street in a large city in NH which has high traffic flow, in a commercial and residential area. Included in the sale are all the physical assets, rights to the lease, as well as 1 week of training. This is an excellent opportunity to purchase a well-established Convenience Store with unbranded gasoline sales at a reasonable price, low overhead, and with lots of upside potential!
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:
The business leases a gas station with 1 building that is approximately 1,400 square feet and is currently paying $2,700 per month including property taxes. Very busy street, great location. Current lease term is through August 31, 2012. Landlord is willing to provide additional extensions to new owner.
Market Competition and Expansion:
Independent gasoline allows for very competitive gas prices.
Growth and Expansion: Expand hours. Currently only open 80 hours per week. Owner works about 20-25 hours per week.
Reason for Selling:
Retirement
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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.