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Convenience Store with Branded Gas ... $180,000 Cash Flow

North Carolina (Pasquotank County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

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.

Business For Sale By

Jake Holnagel

910-471-6333

Action Business Group

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