Gas Station/Store in Prime Location

Wingate, NC (Union County)

Gas Station/Store in Prime Location

Asking Price:$1,950,000

Cash Flow:$245,000

Gross Revenue:$4,700,000





*not included in asking price.

Gas Station/Store in Prime Location

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Business Description

Branded Convenience Store/Gas Station 30 miles east of Charlotte NC for Sale. Inside Sales: $1.3M+ Gallons: 1.3M+ Plus Additional Incomes. Located on a major highway near a University, corner location. Current owner has owned the property for 10 years. Built in 1994. New 10 Year gas supply contract signed in 2016, MANY upgrades coming to this property. New Brand Image, signage, etc. In the new contract not only will the owner realize the profits currently made from the gas, but in additional are now getting an additional rebate off the invoice of 1%, based on the dollar amount, which equates to an additional 30K+/yr. SDE: $245K/ Year AFTER mortgage.

Detailed Information

Not included in asking price
1.12 acres, 6 pumps, branded gas, 24 hr store.

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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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