Grocery Store & Gas Station North of Raleigh NC

Not Disclosed, NC

North of Raleigh NC

Asking Price: Annual Revenue:
$1,990,000 $3,900,000

Food & Beverage: Convenience Stores

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RE: Grocery Store & Gas Station North of Raleigh NC Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $1,990,000
Annual Revenue: $3,900,000
Net Profit: $278,067
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 39591150
Broker Reference #: CS98099

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Business Overview:

A knock-out business with 2020 inside sales grossing 2.376M/year, this grocery store/gas station business is a rare gem. A unique layout includes a butcher shop, hot food, grocery items, and c-store products. The product diversity keep customers loyal and returning to the store for multiple reasons. The store has a long and storied tradition built on a foundation of good customer service and has clientele that comes to the store from more than an hour away.

This financials are a juggernaut. '18 and '19 sales averages: Gasoline Gallons of 680K, Inside Sales 1.93M, Lottery Commission 37K, Other Income profit of 26K. Cash flow after all expenses, before mortgage is $350K. The business outperformed in many sales categories (inside sales 2.37M, lotto: 39K) and was even more profitable in 2020.

No long term gas supply agreement. A buyer would be free to negotiate a new 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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