Convenience Store/Fuel Center-Price Reduced!

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Neighborhood Convenience Store-Fixer Upper
Asking Price:
$399,500

Gross Revenue:
$701,627
Cash Flow:
$26,531
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$59,500
included in asking price

Real Estate:
$340,000
included in asking price

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Business Description

CONVENIENCE STORE: This business has been operating for 21 years as a convenience store with fuel and prior to that it operated as a small town grocery store. This business sells gasoline, oil & accessories, soft drinks, snacks, cigs, dairy items, some meat items, some produce and basic everyday items for its customers. They sell 5 fuel brands: unleaded, plus, super plus, premium (no ethanol) and diesel. They have a Henny Penny chicken fryer and prepare hot food items for lunch time crowd.

• Lots of factory workers in the area with an opportunity to attract them with a good lunch menu.
• Lots of tourist traffic traveling through on the highway.
• Owners are selling because they wish to retire!
• Inventory to be purchased separately at cost.
• Lottery Sales are not included in the yearly totals!
• Owners would consider financing with the right terms & conditions and possibly even trading for a good investment property.

Seller Financing Example: $100,000 down payment, amortized over 20 years at 6% interest rate with a balloon at the end of 5 years.

Good opportunity for a husband & wife team to grow the businesses future sales.

Currently the convenience store cannot sell beer & wine. The owners petitioned last year but did not get their forms in on time. Owners cannot petition again until 2017.

BUY IT NOW FOR $399,500 OR FOR A LOT MORE WHEN THEY ACQUIRE A BEER/WINE LICENSE!!!

POTENTIAL BUYERS MUST SIGN A CONFIDENTIALITY AGREEMENT, AS WELL AS PROVIDE PROOF OF FUNDING!

About the Business

Year Established:
1995
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
3,096
Facilities:
• Located on a good traffic location on Highway 19.
• 3,096 sq. ft. building on .293 acres of land.
• Large covered canopy with 4 fueling stations
• 2 underground fuel tanks with monitors and on the state insurance program
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About the Sale

Reason For Selling:
Owner wishes to retire!
Training/Support:
NEGOTIABLE!

Listing Info

ID:
1271260
Ad Detail Views:
1983

Attached Files Attachment Disclaimer

  Confidentiality Agreement (241 KB)
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Business Listed by

Gary Spiers

Coldwell Banker Tomlinson Group
License# SP26865

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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