Golden Opportunity on the Interstate

Elkin, NC (Surry County)

Golden Opportunity on the Interstate

Asking Price:$775,000

Cash Flow:N/A

Gross Revenue:$2,372,015

EBITDA:N/A

FF&E:N/A

Inventory:$75,000*

Real Estate:N/A

Established:N/A

*not included in asking price.

Golden Opportunity on the Interstate

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Business Description

Golden opportunity on the Interstate! They don't sell Beer, Wine, or lottery, but Beer and Lottery sales are approved for this area. The owners would like to sell the business and property and retire. They will leave it to the new owner to add these profit centers. Current inside sales are $60k/month and gasoline gallons are 54k/month. Inside sales could be increased by 35-40% by adding Beer sales not to mention the profit increase when lottery is added. This one definitely has untapped potential.

Interstate traffic, local business, and a nearby distribution center employing 6-700 workers all contribute to a solid customer base.

The seller has now upgraded the credit card readers and software for the chip card technology that is due in 2017. the buyer will not have that expense in 2017 (likely $20k+ for most stores).

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Facilities:
Operating Hours: 5:30-9 M_F; 6-9 Sat; Sun 7-9 C-store/Gas station on 1.13 acres Rented Automotive Repair Shop attached.
Financing:
negotiable

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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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