Owner Financing is Available!
Business Overview:
Great investment opportunity on a busy street in Wheelers burg in South Central Ohio on the Ohio river. C Store with Gas/Drive Through/ Real Estate/ and strip center with 3 business rentals(18,000 annual rental). Due to limited competition, Owner charges an extra fee on gas (400,000 gallons per year) to cover credit card fees. Established in 1986, current owner has owned for 7 years and would like to sell due to health issues and retirement. Turn key includes all assets including kitchen equipment with hood. Business has been absentee owned for years until owner stepped in recently and discovered mismanagement and theft. 2011 #'s:
Gas sales: $1,400,000 Cost: 1,235,000 Gross Profit: 165,000
lottery Sales: 200,000 Cost 160,000 Gross profit: 40,000
Inside Sales: 450,000 Cost 420,000 Gross profit: 30,000
Total Gross profit: 235,000
Expenses: Wages and taxes (105,000)
Utilities ( 18,000)
Office, insurance (10,000)
Building repairs (10,000)
Misc (17,000) Profit 75,000.
Please reply to Greg Hedgebeth, VR Business Brokers.
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:
Very busy street in a nice community.
Market Competition and Expansion:
Very limited competition.
Reason for Selling:
Retirement/ health issues
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.
Resources: