Convenience Store Property

Not Disclosed, NC
Alexander County


Asking Price: Annual Revenue:
$699,000 $53,400

Commercial Real Estate: For Lease Commercial Properties


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RE: Convenience Store Property Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $699,000
Annual Revenue: $53,400
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NC
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 2571150
Broker Reference #: CS98057

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Business Overview:

Currently has 7+ years left on lease. Tenants would be willing to extend term. Currently pay $4,450/month and increase to $4,950/month for last 5 years of lease. Tenants just installed new septic / well system to get the Deli back up to full operation. Tenants spent a significant amount of money getting it up to par. Once stabilized they will be making around $90,000 Inside Sales. About an extra $35,000 - $40,000 in Deli Income. Currently doing around $55,000 Inside Sales per month. Averages around 15,000 gallons per month.
tanks were installed08/15/1998 with the following tank setup:
1A - 12,000gal Regular Gasoline
1B - 8,000gal Premium Gasoline
2A - 8,000gal Diesel

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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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