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Businesses For Sale   >>   Charlotte Businesses For Sale   

Extraordinary Profit On Corner Gas Station

Location  Charlotte, North Carolina, United States
Asking Price Range  $250K - $500K
Gross Revenues  $2700000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1996
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Available
Reason for Sale  Retiring

Description  
With a prime location and loyal customers, the owner of this business has operated this location since 1996. Now ready to retire, it is a perfect situation for a new owner to step into a thriving location. Inside sales are 57,500/month at a 35% profit margin. Gasoline is sold on a 50/50 profit split and nets an average of $2,500/month. This is one of the best lottery stores in the county, average $4,000 commission/month. Additional income from sub-lease, ATM, and air machine total $1,500/month. The rent is excellent - only $3800/month. The landlord pays property tax, property insurance, and UST fees, further reducing the expenses for the location. The owner currently has 3 steady employees which work nearly all of the register hours. This makes for a good situation for a owner to step into a management role and continue the great heritage this business has in the community.Offered at $375K + Inv., GR $2.7M. Contact County South Business Brokers at 704-821-8888 and mention listing # CS97807


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