Country Branded Gas Station - Low Rent
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $1300000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description *Country Branded Gas Station with Low Rent*
Neighborhoods and local workforce make up the customer base of this popular gas station. *Potential opportunity to purchase the property from the landlord in the future.* Grill sales boost the inside profit margin. Gasoline is sold on consignment with a profit split, which averages $.04/gallon. Great store for an owner-operator. Inside sales: 40K/month, Grill: 2500/mo Gas gallons: 20K/mo (sold on consignment), Lottery Commission: 1,500/mo. Multiple additional income streams include bill payment, check cashing, phone cards, money orders, ATM and air machine.
Areas for improved profitability include expanding grill to include pizza and diversifying the product line. Very good lease: - 1,100/month rent - Landlord pays property tax, property insurance - Landlord pays UST fees - Landlord pays all repairs valued above $500 - Potential opportunity to purchase the property from the landlord in the future.
Reason for selling: owner and wife are seeking to relocate. Priced at $119K with Gross $1.3M. Contact County South Business Broker at 704-821-8888 or email and mention listing #CS97688
Click Here To Contact Seller
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