Business for Sale Overview:
PLEASE READ CAREFULLY! LISTING UNDER CONTRACT. Price further reduced on Profitable C-Store/Gas near Raleigh, NC to $329K + Inventory ($80,000). READ carefully: Cash flow is $126,000 for 2010, & owner does not usually work in the store, but new owner would show less profit due to making loan payments out of 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. 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. Average of 9289 gal/week. 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. 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. . Interested, prospective buyer must have good credit and cash or plan for financing in order to obtain lease. For more details on P & L's, please copy/paste the link below, complete the Confidentiality Agreement & Buyer Questionnaire, print the forms, sign, & then fax back to our Charlotte office @1-888-258-6224. For questions, please contact Tonya by phone, 704-550-4428 or by email, tonya.kerr@bbotc.net . Business Brokers of the Carolinas, LLC
http://www.bbotc.net/CA_NDA_BQ.pdf
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:
Bldg is 3000 sq ft. Rent is $5600/mo- $1100=$4500/mo. Included in price is $100,000 of furniture, fixtures, & equipment. $80,000 inventory is not included in price. Has alarm system. Store in busy location on main thoroughfares south of Raleigh, NC.
PROPERTY/RE NOT FOR SALE!
Market Competition and Expansion:
This is a very profitable store south of Raleigh on main thoroughfare. Owner currently does not usually work in store, thus owner/operator could potentially earn more money. Store continues to grow in sales for gas & lottery; cash flow is $120,000.
Reason for Selling:
Owner moving, has other businesses
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.