Gas Station with C-Store

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Asking Price:
$1,450,000

Gross Revenue:
$1,532,913
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$35,000
not included in asking price

FF&E:
$450,000
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Highly profitable business opportunity for this corporate sale of a gasoline station that includes the real estate. The business offers fuel/gas sales, convenience/food mart sales, lottery, etc. This business opportunity generates a gross yearly income of $1,532,913. This particular business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $6,400. The business is active seven days per week, with hours from 5:00 am to 12:00 pm. The sale includes a certificate of occupancy from each of the particular municipalities including the required license approval for Lotto, etc. Financing has been approved with 25% down payment and based on a 20-year payout at 4% interest purchaser would have approximately 25% return on investment after debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

About the Business

Location:
Cherokee County, South Carolina
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
26,000
Facilities:
The property consists of 26,242 square feet with a modern C Store. The facility is fully upgrade and modernized with a canopy. The location also has additional services such as Lotto, ATM, etc. This business opportunity is located in South Carolina, Cherokee County on an active county road with various other successful businesses.
Market Outlook/
Competition:
To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth & Expansion:
The business presently requires onsite ownership to further improve performance also with additional corporate fuel accounts further growth is possible.
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About the Sale

Reason For Selling:
This is a corporate sale, the owner is absentee owner.
Training/Support:
The owner will remain post-closing for 30 days and supply a transitional period.
Seller Financing:
Is available to qualified buyer with an appropriate down payment.

Listing Info

ID:
1569693
Ad Detail Views:
55

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Business Listed by

Ron Cervelli

Regal Consulting Corp.

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U.S. Census Data for Cherokee County, SC
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Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cherokee County, SC
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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