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Absentee-Owned Gas Station with Property in Lexington, NC
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Key Financials:
Inside Sales are currently $42,000 per month at 25% margins! Outside sales are 79,000 gallons per month averaging 17 cents per gallon for regular gas and 60 cents per gallon for diesel!
ATM and Bitcoin commission is $300 per month! Food truck is paying a rent of $700 per month!
Gas Profit is over $15,000 per month!
Jobber contract is Rack +1 with approximately 8 years remaining.
Monthly Net Profit is over $17,500 per month AFTER paying $4,750 in payroll and all other expenses! Owner-Operator can take home over $20,000 per month!
Multiple additional income streams including Bitcoin commission, and Food Truck rental income, providing diversified revenue beyond fuel and inside sales.
EBT has recently been added! Sales will increase in the future!
Store & Property Information:
Property is 0.68 acres!
Excellent location directly off of I-285!
Geographic & Demographic Details:
11,000 vehicles pass by the station each day!
Local population is growing by 3% annually!
Median household income is $52k!
Nearby schools include Lexington Senior High School, Lexington Middle School, South Lexington School, and Pickett Elementary School, collectively serving over 2,000 students and faculty.
Nearby apartment communities include The Arbor at Cotton Grove, The Reserve at Regents Center, Hilltop Terrace Apartments, Fairview Village, Royal 8 Apartments, and other nearby multifamily complexes, collectively serving hundreds of residential units.
New developments in the Lexington market include recently approved and under-construction multifamily and residential projects, including a 120-unit apartment development, a 54-unit senior apartment project, and several newly approved subdivision communities, adding hundreds of new residents to the immediate trade area.
Close proximity to national and regional restaurants including Chick-fil-A, Starbucks, Applebee's, IHOP, McDonald's, Wendy's, Cook Out, Cracker Barrel Old Country Store, and other high-traffic dining destinations in the Cotton Grove Rd retail corridor.
30 minutes from Winston-Salem, Greensboro, and High Point, NC! 1 hour from Charlotte, NC! 1 hour 15 minutes from Hickory and Durham, NC! 1 hour 50 minutes from Raleigh, NC! 2 hours from Fayetteville, NC! 2 hours 30 minutes from Asheville, NC!
Asking Price for Business and Property: $1,799,000 plus inventory!
Inside Sales are currently $42,000 per month at 25% margins! Outside sales are 79,000 gallons per month averaging 17 cents per gallon for regular gas and 60 cents per gallon for diesel!
ATM and Bitcoin commission is $300 per month! Food truck is paying a rent of $700 per month!
Gas Profit is over $15,000 per month!
Jobber contract is Rack +1 with approximately 8 years remaining.
Monthly Net Profit is over $17,500 per month AFTER paying $4,750 in payroll and all other expenses! Owner-Operator can take home over $20,000 per month!
Multiple additional income streams including Bitcoin commission, and Food Truck rental income, providing diversified revenue beyond fuel and inside sales.
EBT has recently been added! Sales will increase in the future!
Store & Property Information:
Property is 0.68 acres!
Excellent location directly off of I-285!
Geographic & Demographic Details:
11,000 vehicles pass by the station each day!
Local population is growing by 3% annually!
Median household income is $52k!
Nearby schools include Lexington Senior High School, Lexington Middle School, South Lexington School, and Pickett Elementary School, collectively serving over 2,000 students and faculty.
Nearby apartment communities include The Arbor at Cotton Grove, The Reserve at Regents Center, Hilltop Terrace Apartments, Fairview Village, Royal 8 Apartments, and other nearby multifamily complexes, collectively serving hundreds of residential units.
New developments in the Lexington market include recently approved and under-construction multifamily and residential projects, including a 120-unit apartment development, a 54-unit senior apartment project, and several newly approved subdivision communities, adding hundreds of new residents to the immediate trade area.
Close proximity to national and regional restaurants including Chick-fil-A, Starbucks, Applebee's, IHOP, McDonald's, Wendy's, Cook Out, Cracker Barrel Old Country Store, and other high-traffic dining destinations in the Cotton Grove Rd retail corridor.
30 minutes from Winston-Salem, Greensboro, and High Point, NC! 1 hour from Charlotte, NC! 1 hour 15 minutes from Hickory and Durham, NC! 1 hour 50 minutes from Raleigh, NC! 2 hours from Fayetteville, NC! 2 hours 30 minutes from Asheville, NC!
Asking Price for Business and Property: $1,799,000 plus inventory!
About the Business
- Website
- https://riverbrokers.com/
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2480063
- Listing Views
- 205
Business Location
Listing ID: 2480063 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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