High Point NC C - Store with RE

High Point, NC
Guilford County

Triad Area

Asking Price: Annual Revenue:
$399,000 Not Disclosed

Food & Beverage: Convenience Stores

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RE: High Point NC C - Store with RE Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $399,000
Annual Revenue: Not Disclosed
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 #: 41011150
Broker Reference #: CS98096

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Business Overview:

Neighborhood store located in a nice residential area with 2 nearby schools and a nearby large recreation park. The store is very well established with the current operators owning the business and property since 2006. The inside merchandise is neatly organized an displayed effectively utilizing most of the floor space. As a bonus, there is a safety glass enclosure surrounding the cashier and counter space including a pay window. Inside sales for 2019 totaled $417,600 and the 2019 lottery commission was $17,319. The other income streams include gas gallons of 3000 per month, ATM fees of $150 per month and revenue from the game machines of $2,500 per month.
There is an opportunity to improve the business by upgrading the gas equipment. A buyer should replace the older mechanical gas pumps with newer equipment. There is no current gas contract.

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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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