Description NEIGHBORHOOD Convenience Store and Gas station for sale in Rutherford County NC. With annual inside sales of $729K, this is truly an inside sales/neighborhood store! The store is located in a dry county, so the inside profit margin for 2014 is 31%! No headache with having to deal with repairs and upkeep for the gas equipment, the gas co owns the equipment and the profit is split.
The owners have been in business here for 20+ years and are absentee, they operate the store currently with a full staff of employees. This location would greatly benefit by bringing food sales into this community, food service businesses are scarce in this area. The store can also sell lottery tickets, however, the current owners have opted to not sell lottery, this is another area of growth that a new owner can tap into.
This neighborhood store has a long standing, excellent reputation in the community and is priced to sell at $579K, with a six figure discretionary net income. Also note, as our NC market has been consumed with large competitors moving in the past several years, this location is nicely situated away from major thoroughfares, so this threat is significantly minimized, making this an attractive area for individual owners. Offered at $579K + Inv, GR $1.3M. Contact County South Business Brokers at 704-821-8888 and mention listing # CS97809