Convenience Store-Crossroads Location and Property

Kings Mountain, NC
Cleveland County

Asking Price: Annual Revenue:
$1,850,000 $337,500

Food & Beverage: Convenience Stores

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RE: Convenience Store-Crossroads Location and Property Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $337,500
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NC
Year Established: 1960
Employees: Not Disclosed
BBN Listing #: 81721150
Broker Reference #: CS98008

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Business Overview:

Great Location! This store has been in the family for more than 60 years. Family member who owns the store now moved from corner across the street and built current building in 1980. Currently the store owner does not sell beer, has no contracts for cigarettes, no contract for drinks, and no contract for gas. No pay at the pump and has two tier pricing for gas where cash customers get a discount for paying cash. Gas tanks are fiberglass lined and lines are fiberglass. Diesel tank is steel with cathodic protection. Store is known over several counties for the place to buy produce. They sell large containers of fresh produce and will teach you their procedures. Honest and personable family name with lots of room to increase sales. Located at one of the busiest crossroads in the county. Seller owns all four corners and will agree not to sell any other corner to be used as another convenience store or gas station location. Has been pre-screened by a lender for an sba loan pending buyer approval. Discretionary Net Income: $337,500 (Unverified). If you haven't looked at it, take a look!

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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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