Business Overview:
Ideally situated on a busy thoroughfare on the way to a recreational lake and national park system, this profitable convenience store with branded gas station benefits from its desirable location, multiple revenue streams and long-standing reputation in the community: There has been a gas station located on this popular local site for over 15 years!
This business has been owner-operated since 2003 and underwent extensive renovations and a recent brand re-imaging. In addition to the convenience store and gas, this business offers a fast food grill famous for its giant burgers and ice cream cones free wi-fi connection and has steady income from additional on-site tenants. While sales peak from May through September, this business enjoys year-round patronage from nearby residents in one of the fastest-growing communities in the area.
The seller is an industry veteran and has kept meticulous records for the business since purchasing it from the previous owner in 2003. Financial highlights include:
Inside sales $50,000 per month
Gasoline sales 35,000 gallons per month
Diesel sales 3,800 gallons per month
Rental income $3,550 per month
In addition to its multiple revenue streams and reputation as a destination for both local residents and vacationers, this business is also distinguished by a loyal and dedicated staff. Product lines offered include: Gas, diesel, propane, outboard and car oils, maps, copies and faxes, phone cards, greeting cards, block and bag ice, fishing tackle and bait.
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:
At approximately 11,000 square feet, the main building (built in 1996) sits on 3.76 acres and is made of wood truss construction with 12" concrete block sidewalls. The convenience store occupies 1,200 square feet of the main facility, while the remainder is rented out for complimentary business enterprises and is also used for the grill. A detached 400 square feet log cabin with separate electric meter sits on the property and is consistently rented.
This business has a total of 24 fueling points, with four duel-sided gas pumps (three nozzles per side) located under one canopy, and five diesel fueling points located under a separate canopy. The gas pump dispensers interface with the store’s Ruby Sapphire point of sale.
[Chris Taylor is a licensee with Arkansas Referral Associates (#SA00064305). This listing advertisement does not include the sale of any real property assets. Mr. Taylor does not profit from any real estate transaction outside of his capacity as a licensee with Arkansas Referral Associates.]
Market Competition and Expansion:
Competition: This heavily-trafficked area has one competing business located across the street. There is currently weak competition for the grill and other ancillary services located on the premises of this business.
Growth/Expansion: There is 5,000 square feet of space in the main building that is move-in ready for a small-format grocery. The only grocery store currently serving residents, motorists and vacationers is located 13 miles away.
This business is poised to continue taking advantage of the enormous growth in Northwest Arkansas, which was recently named as one of the top 25 “recession resistant” parts of the country. Surrounding traffic, homes, vacation rentals, tourist attractions and campgrounds will continue to draw new and existing customers.
Reason for Selling:
Health reasons
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.