| Asking Price |
$279,000 | Inventory |
$65,000** |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
$180,000 | Year Established | 2007 |
| FF&E |
$60,000* | Employees | 1 ft - 3 pt |
* included in the asking price
** not included in the asking price
Location - Location - Location! This Convenience Store has the best location and visibility in Town! $70,000/month Inside Sales. 40,000/gal Outside @ $.15 profit/gal. The overall store margins are 37%, including Cigar Sales of $8,000 - $10,000/month @ 60% margin. The store has a free standing carwash, which is leased, and produces about $800/month additional revenue. Current Working Partner is realizing $12,000 - $15,000 month "in the pocket" money, which could easily be increased with the Deli in full operation. Branded Gas was initiated two years ago, with 18 years left on a 20 year contract.
Facilities: Large Convenience Store, with Car Wash and Deli. Approximately 3,000 sf. Located at the first main intersection, off Interstate, coming into Town. Very heavy traffic area.
Growth/Expansion: The Lottery has just been added to the store. The Store has a Deli that has not been runned recently, due to the partnership dispute. The Deli produced $1,000/day in sales ($28,000 - $30,000/mth), at an 80% margin, when Partner worked the business. The Store needs 2 Full Time People, in the store to maximize the $800/day +/- profit from the Deli.
Financing: Possible SBA Financing, to qualified Buyer.
Support/Training: Seller will provide thorough training, to insure a smooth transition.
Reason Selling: Partnership Dispute.

Jake Holnagel
910-471-6333
Action Business Group
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