Lincoln-Area Convenience Store, Gas Station & Bait Shop $400K

Emerald, NE (Lancaster County)

Seller Financing Available
Lincoln-Area Convenience Store, Gas Station & Bait Shop $400K
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Asking Price: $400,000

Cash Flow: $100,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: $15,000

Inventory: $100,000*

Real Estate: $200,000*

Established: 1998

*not included in asking price.

Lincoln-Area Convenience Store, Gas Station & Bait Shop $400K

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Business Description

Turn-key Convenience Store/Gas Station/Bait Shop on Highway 6 in Emerald just a few miles west of Lincoln. Generated $100K in cash flow on $1.5MM sales in 2018 – $600K priced to sell includes real estate assessed at $185K! Located on a major high-traffic thoroughfare (Highway 6), which is an extension of Lincoln's "O" Street. Sales of beer, tobacco products, food, donuts & lottery tickets also generate traffic. Excellent location in terms of visibility, access and parking availability -- within close proximity to three popular lakes, and the business has established the reputation as the go-to bait provider for anglers and area bait shops. This is an excellent opportunity with solid growth potential via multiple paths!

Contact Tom Freimuth, Business Broker, Results Business Advisors, tom.freimuth@resultsba.com, 402-212-6979, for complete details or to arrange a private tour with the seller.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,650
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Remodeled & re-wired upon Seller's purchase in 1998. New fiberglass gas tanks installed upon purchase in 1998.
Competition:
Only C-store within a five-mile radius.
Growth & Expansion:
Liquor & Wine sales would substantially increase profit.
Support & Training:
Yes
Reason for Selling:
Retirement
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Tom Freimuth

Business Listed By:
Tom Freimuth

Results Business Advisors

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Sponsoring Broker:
Evan Meester

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