Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$349,000	Inventory	$80,000**
Gross Income	$3,012,479	Real Estate
Cash Flow	$127,000	Year Established	1996
FF&E	$100,000*	Employees	15

* included in the asking price

** not included in the asking price

Price reduced on Profitable C-Store/Gas near Raleigh, NC to $349K + Inventory. READ Carefully: Cash flow is $127,000, & owner does not usually work in the store. However, new owner would show less profit due to making loan payments out of profits. 2009 Mo Sales: Inside Sales-$90,152/mo ($60,798/mo Merch., $29,,353/mo Grill). Gas Sales are $86,202/mo, & Lottery Sales are $25,815. For 2008, Inside Sales: $ 1,125,424 ($ 754,557 Merch, $370,867 Grill) **Gas Sales: $ 1,669,367, Lottery Sales $214,156. Gas Sales for 2008 increased $122,855 over 2007. The gas volume is growing at great rate. In 2007, store avg'd 8444 gal/week, & in 2008 had a growing avg of 9600 gal/week. Feb 2009 averaged 9289 gal/week, & that is the slow time of the yr. Not included in these numbers (#gal gas) is the kerosene which is minimum of 3500 gal/week. New owner may want to consider changing the kerosene tank to diesel. Lottery sales have almost doubled, 2008 compared to 2007. Owner/operator could take 1 employee's place, thus creating add'l cash flow. Excellent income opportunity for new owner. C-Store/Gas is in Busy location on main thoroughfare. Current owner has great reputation for clean store and great food. Owner will provide training to new buyer. This business has been approved for an SBA Loan for $500K with $125K cash down, good credit, & C-store experience. Interested, prospective buyer must have cash or plan for financing and good credit in order to obtain lease. For more details on P & L's, please download Confidentiality Agreement from our website, www.bbotc.net, complete form & sign, then fax back to our Charlotte office @1-888-258-6224. For add'l info, please contact Tonya @ 704-550-4428.

Facilities: Property/RE is NOT included.Price does include Nice C-store Equipment, Clean Kitchen Equipment, & Goodwill. Rent: $5,600-$1,375/mo= $4,225. Lease: 3 yrs + 3 (5) yr options.

Competition: Excellent location. Busy road located 25 miles South of Raleigh, on main thoroughfare. Not alot of competition.

Growth/Expansion: Store continues to grow in sales in spite of slow economy.

Financing: SBA approved, if qualify and 20% down

Support/Training: Yes, Available.

Reason Selling: Owner moving, has other businesses.