Business For Sale

Profitable Convenience Store with Gas and Lottery

Not Disclosed, KY


Asking Price: Annual Revenue:
$749,900 $1,376,771

Automotive & Boats: Gas Stations


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RE: Profitable Convenience Store with Gas and Lottery Broker: Mickey McCuiston

Quick Facts

Asking Price: $749,900
Annual Revenue: $1,376,771
Net Profit: Not Disclosed
Cash Flow: $55,095
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 8
BBN Listing #: 562550277
Broker Reference #: 20041-89737

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Business Overview:

Busy neighborhood convenience store with gas, lottery, and small restaurant located in scenic area is now available. This store has a thriving grill that serves breakfast, lunch and dinner 7 days a week. The store sells traditional convenience items plus snacks, drinks and ice. There is an onsite ATM machine, and gross lottery sales of $6,000 per month. Currently the store is pumping 35,000 - 40,000 gallons of fuel. The store is located on a busy road with plenty of residential areas close by. No competition for three miles.

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Property Features and Assets:

The store has been in its current location for 47 years and has had gas for 20+. Current owner purchased in 2011 New pumps and tanks in 2015. New paint, shelving and concrete pad parking lot fall 2017.

Market Competition and Expansion:

This store is located on a busy road and there is no competition within 2 miles and limited competition within 4 or 5 miles. Potential Growth The store could also add carry out pizza to its menu and could sell propane gas for grills and several other items typically sold in a convenience store.

Reason for Selling:

Retiring

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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