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G'boro conv.store/gas station on busy rd. 105k

Greensboro, NC (Guilford County)

G'boro conv.store/gas station on busy rd. 105k

Asking Price:$105,000

Cash Flow:$108,000

Gross Revenue:$420,000

EBITDA:N/A

FF&E:$30,000

Inventory:$25,000*

Lease Rate:$1,600 /SF/Month

Established:2009

*not included in asking price.

G'boro conv.store/gas station on busy rd. 105k

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Business Description

This convenience store and gas station is located in a great area of Greensboro. It sits on a high traffic street and the large canopy over the 6 gas pumps is both well maintained and lit at night. The store sells on average 10,000 gallons of gasoline per month and the current owners make 15 cents per gallon. The gross income inside the store is $35,000.00 per month with average monthly cash flow of $6,500.00 They get $10,000.00 per year on buy back from cigarettes and they earn $20,000.00 commission per year on Lottery sales. The current owners own all of the equipment.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,900
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a convenience store and branded gas station. It is located on a corner with high traffic. It has 6 pumps and a large, well maintained canopy which is well lit at night. The surface is in good condition and the store is clean and neat. New long term lease available. Present lease is $1600.00 per month.
Competition:
There is some competition in this area.
Growth & Expansion:
There is no need for expansion.
Support & Training:
2 week training included.
Reason for Selling:
New captial venture

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Business Listed By:
Ben Haines

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