Business Overview:
How often do you find the ONLY convenience store with a gas station in existence in a major city, such as this, for sale? This city does not allow gas stations with convenience store, but this business existed before this rule so as a result they are THE ONLY GAS STATION WITH CONVENIENCE STORE IN THE ENTIRE CITY. Every day thousands of cars pass by this location and the business does very well as a result. This station has a reputation for having a convenient full-serve gas business, very low gas prices and the only gas station that also has a convenience store in the city. In 2009 the convenience store had sales of $367,923 and gross profit of $101,179 (27.5%). Lottery profit was over $34,000.00. Gasoline gross profits were $96,330.00. The business had total net revenues of $242,909.00. The owners own a commercial mortgage company and they will help you get a loan.
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:
Includes real estate in a major city on a well-traveled street. LOTS of drive-by traffic. 1/3 Acre of land. 1,792 Square Feet building with convenience store and 2 bedroom apartment.
Market Competition and Expansion:
There is one over-riding reason why this gas station will be a great investment. This is the only gas station with convenience store in the entire city of _______. Any customer that desires to purchase gasoline and purchase convenience items at a single location must come to this gas station with convenience store. The convenience of only having to stop once for gas and store purchases is a major draw advantage that this business has over its competition.
The gas station is 100% independent. It has no contracts with gasoline distributors and is therefore able to purchase gasoline at the lowest price available in the marketplace. This ability to purchase gasoline at a highly competitive rate has resulted in better than average gasoline margins for the station. The gas station typically earns $0.27 to $0.30 per gallon, which is superior to the local ‘brand name’ competitors.
Reason for Selling:
Personal
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.