Gas/Convenience (Mini-Mart)
Location: North Carolina > Eastern
Industry: Retail Stores > Convenience Stores
Financials
Asking Price: $289,000
Gross Revenue: $2,000,000
Gross Revenue Comments: 2008 on track to break $2.1m
Cash Flow: $86,450
Cash Flow Comments: buyer will have opportunity to adjust add-backs
Inventory: $45,000 (Included in Asking Price)
FF&E: $10,000 (Included in Asking Price)
Real Estate: (Not Included in Asking Price)
Seller Financing: n/a all cash sale
Business Summary
2000 sq ft retail gas/convenience store in coastal region. Excellent location w/ heavy traffic count. Established business w/ local clientele and solid un-branded fuel distributor agreement. distributor is the Lessor. Opportunity to grow in store sales by adding hot foods counter. Owner's desire to relocate to be near family. Motivated to sell. Fuel inventory not included in sale.
About the Business
Year Established: 2006
Employees: 3 full time - 1 part time
Facilities: 2000 sq ft in store retail space, ample parking, multi fuel pumps, easy ingress/egress. Local business favorite.
Market Outlook and Competition: Growing sales and limited local competition..
About the Sale
Management Training and Support: seller willing to provide ten (10) eight (8) days
Reason For Selling: To relocate to be near family.

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Listing Tools
BizQuest ID:921698
Seller ID:NC001-N231
Business Listed By
Name:Lee Askew
Company:Sunbelt Business Brokers of Coastal NC, Inc.
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