Business For Sale

100782-CW High Traffic Branded Gas/C-Store off I64

Not Disclosed, VA
James City County

Asking Price: Annual Revenue:
$330,000 $1,200,000

Automotive & Boats: Gas Stations

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RE: 100782-CW High Traffic Branded Gas/C-Store off I64 Broker: Cobus Van Der Watt

Quick Facts

Asking Price: $330,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $110,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 558543891
Broker Reference #: 9525-100782

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Business Overview:

Profitable and Expandable!

This great business has operated successfully for over 11 years. The location is on a highway 64 exit. Current employees include 1 shift manager working at this location, with the assistant manager having 3+ years of experience at this store.
The gas station has 4 gas dispensers (8 * Pumps) offering Premium, Mid-Grade, & Regular gasoline as well as Diesel, current contract expiring in 2021 with 2 * 3 year options. Customers are purchasing 135,000 PLUS gallons of fuel every month, at a profit of $0.03 per gallon, ATM, Air compressor, and Vacuum to give an additional $200-220 per month.
Inside is busy as well! The convenience store has grocery average sales of$45,000/mo.+, average beer & wine sales $22,000/mo.+, also with Lottery sales $2,000/mo.+ Commission. The convenience store is also in the process of accepting SNAP cards from customers.
Included in this sale is new equipment, installed in June 2017, including new inside lighting, AC unit, beer cooling system, and drink cooler cooling system (over $10k value). Outside there is a 6 camera - security system.
The monthly rent for this location is $6,000 and insurance is $1,200 for the year.

Inside Sales $75,000 per month at 28% + margin – owner to prove.
Gasoline Sales: 135,000 + gallons per month at $0.03 profit / gal – *owner to prove.

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Market Competition and Expansion:

At a sale price of only $330,000 plus inventory, this already successful business has all the ingredients to take profit to the next level, snatch it up now and get ready for tourist season! Inside Sales is above $80,000 per month at 30% margin Gasoline Sales 135,000 PLUS gallons per month at $0.03 profit / gal Lottery Commissions $2,000 per month ATM / AIR / Vacuum $325 per month Cigarette Buydown/Rebate $2,100 per month.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • 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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