2 Businesses in one in Charlotte

Matthews, NC (Mecklenburg County)

2 Businesses in one in Charlotte

Asking Price:$219,000

Cash Flow:$215,000

Gross Revenue:$1,700,000





*not included in asking price.

2 Businesses in one in Charlotte

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Business Description

Convenience store/Gas Station + a Smoke Shop. Located in South Mecklenburg Co, Charlotte market! Inside Sales: $720K Gallons: 420K + Other Incomes. Smoke Shop really boosts the overall inside margin. With a Discretionary Net Income in excess of $200K/Yr, makes this an excellent return on investment. A few other perks to note are that the gas company owns the gas in the tanks and pays for the UST Insurance, and UST annual tank fees. In addition, the landlord pays for the building insurance and real estate property taxes, which is a very uncommon in today's convenience store market.

Detailed Information

Not included in asking price
Lease term is currently through 2020. Rent stays 6K/month for this term. Gasoline profit split: 65%:Biz Owner/35% Gas co

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County South Business Brokers, Winkie & Associates Realty, Inc

Business Listed By:
County South Business Brokers, Winkie & Associates Realty, Inc

County South Business Brokers, Winkie & Associates Realty Inc.

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