Business for Sale Overview:
Located in a small town approximately 45 minutes east of Cincinnati, this business is expected to generate over $150,000 this year in net profit to an owner / operator.
While located in a “dry” county, the business was just recently approved to sell beer and wine. It will be only one of a few stores selling beer and wine
in the county (closest 6 miles).
This will add significant sales and additional profitability to the business (estimated annual profit to increase to $190,000 per year). Sales are currently about 40% gas and 60% in-store products. The store offers full lottery.
The store was remodeled a few years ago, along with four new dispensers (pumps) and four tanks, so this business is turn-key, up-to-date and attractive.
The station has Hamilton ACT 100 tanks (fiberglass coated steel):
• 6,000 gal (gas)
• 4,000 gal (gas)
• 4,000 gal (diesel)
• 1,000 gal (kerosene)
FINANCIAL:
Next twelve month sales are expected to exceed $1,000,000 (60% inside sales) with a profit (before owner compensation and depreciation) of $150,000 before any contribution due to beer and wine sales.
Six months (ending September 30, 2009) net profit was $78,000 on sales of $445,000.
The business and real estate have an asking price of $325,000. Assets included, free and clear of debt, are:
Inventory (cost) $48,210
F,F & E (cost) $67,687
Real Estate (cost) $77,626
Total $193,523.
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:
2,200 sq. ft. C-Store; 4 tanks, 4 pumps (new 2001); canopy on .4 acre.
Market Competition and Expansion:
Competition: One of three c-stores/gas in town.
Growth/Expansion: Just approved for beer and wine sales. Closest other store 6 miles away.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- 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.
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