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Convenience Store with non-branded Gasoline

Manchester Area, New Hampshire (Hillsborough County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price $75,000 Inventory $40,000** 
Gross Income $1,084,000 Real Estate  
Cash Flow Not Disclosed Year Established 1991
FF&E N/A Employees 2

* included in the asking price

** not included in the asking price

This is a long established, full service convenience store with independent gasoline sales. There are 3 pumps with a total of 6 fueling points with pay inside The store sells Food, Health and Beauty products, Coffee Service, Beer, Cigarettes, and Lottery Tickets. In-store sales in during 2009 are on track to be approximately $183,000 (excluding lottery sales and gasoline sales). Lottery sales average about $120,000 per year. Gasoline sales are averaging 15,000 20,000 gallons per month at average gross profit of .17 per gallon. Contact with fuel supplier is .04 above the Boston Rack Price . This location has very competitive gas prices. It is on a main street in a large city in NH which has high traffic flow, in a commercial and residential area. Included in the sale are all the physical assets, rights to the lease, as well as 1 week of training. This is an excellent opportunity to purchase a well-established Convenience Store with unbranded gasoline sales at a reasonable price, low overhead, and with lots of upside potential! Contact John for details.

Facilities: The business leases a gas station with 1 building that is approximately 1400 sq. feet and is currently paying $2700 per month including property taxes. Very busy street, great location. Current lease term is through August 31, 2012. Landlord is willing to provide additional extensions to new owner.

Competition: Independent gasoline allows for very competitive gas prices.

Growth/Expansion: Expand hours. Currently only open 80 hours per week. Owner works about 20-25 hours per week.

Support/Training: Seller will provide 1 week of training immediately after closing.

Reason Selling: Retirement

Business For Sale By

John Coto

603-880-8200

Alliance Business Brokers, LLC

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