Established Convenience Store and Gas Station

Staunton, VA (Staunton City County)

Dupree Convenience
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Asking Price: Get Financing: $179,000

Cash Flow: $40,000

Gross Revenue: $875,000

EBITDA: $30,000

FF&E: $20,000

Inventory: $29,172*

Lease Rate: $2,400 /Month

Established: 1997

*not included in asking price.

Established Convenience Store and Gas Station

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Business Description

Unbranded Gas Sales provide better Profitability.

Great opportunity to own your own Gas Station/Convenience Store and be your own Boss. Business is located on main entry to downtown Staunton from I-81 with easy access in and out, right next to Auto Zone store. Sale includes all store fixtures and equipment (including shelving and coolers), product inventory, underground gas tanks and pumps, with remaining gas at time of sale negotiable. Current hours of operation are: M-F (6am-9pm); Sat.(8am-9pm), and Sun.(9am-6pm).

Real Estate (0.87 acre) also for sale - Contact Broker for details.

Attached Documents

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
12/31/2017
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2400 sq.ft. Store for sale of Convenience items; 3 underground Gas Tanks with 8 Pumps (only about 10 years old) Easy access East and West from Highway
Competition:
Several other Gas Station options from Interstate 81, but this location is closer to downtown area with mostly local customers.
Growth & Expansion:
Unbranded Gasoline sales represent approximately 63% of annual revenue with opportunity to increase store volume, (which is primarily beer, tobacco products, snacks, and lottery tickets).
Support & Training:
Owner willing to train New Owner during transition
Reason for Selling:
Owner pursuing other interests
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Donn Meyerhoeffer

Business Listed By:
Donn Meyerhoeffer

Cottonwood Commercial

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