Business For Sale

Convenience Store-Investment Property

Not Disclosed, NC
Chatham County

Chatham County

Asking Price: Annual Revenue:
$525,000 Not Disclosed

Food & Beverage: Convenience Stores

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RE: Convenience Store-Investment Property Broker: Sara Cartee

Quick Facts

Asking Price: $525,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 79341150
Broker Reference #: CP97597

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Business Overview:

Commercial Investment Property in rapidly-developing Chatham County. This property has a long-term lease with a solid tenant and will deliver a good return on investment for the next owner. Monthly rent is $3,500 at triple net terms.

Property is in good condition and has been well-maintained by the current owner including several upgrades. Recently re-branded and re-imaged by an oil company, the station is modern with an old-fashioned feeling. Economic prospects for the area are good as Chatham County continues to grow which should result in solid real estate appreciation for many years.

The Cap Rate is 8% and the leveraged ROI is estimated at 14%.

The current owner wants to free up his equity for other projects.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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