Profitable Gas Station, C-Store w/ Beer, Pre-qualified for SBA Loan.

Charles City, VA (Charles City County)

Profitable Gas Station, C-Store w/ Beer, Pre-qualified for SBA Loan.

Asking Price:$175,000

Cash Flow:$84,000

Gross Revenue:$942,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1987

Profitable Gas Station, C-Store w/ Beer, Pre-qualified for SBA Loan.

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Business Description

Profitable Gas Station, C-Store w/ Beer, Pre-qualified for SBA Loan

Profitable Gas Station/C-Store. Pre-qualified for SBA Loan.
This Store sells Gas & C-store items, and has a small deli. It can be a profitable family business or can be run as an owner-absentee store. This is located in a rural area and has a strong base of loyal local customers - every one knows everyone here. But hunting seasons bring new customers. Both sales and profits have been very consistent through good and bad economic times.

SBA loan with 30% down ( =$70,000-$75,000) available to qualified buyers.

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Email: info@goldentreebb.com
Office Phone: 703-594-7751

www.goldentreebb.com

Detailed Information

Employees:
2
Facilities:
Clean store in and out with 4 pumps on approximately 1.5 acres of paved lot. Also sell beer and wine. The business hours are short, currently opens only till 6 pm (M-Sat). Current owner also owns the property and the rent payment will be $1,500/mo inc. property taxes first 2 years and then 2% increase annually.
Competition:
The closest gas station is nearly 8 miles from this station.
Growth & Expansion:
These are what the business needs for immediate sales increase: 1. Accept EBT (food stamps). 2. Replace gas pumps so credit & debit cards are accepted at the pumps. 3. Increase business hours-currently opens 7 am-6 pm, M-Sat, and 10 am-2 pm on Sunday. 4. Increase food menu.
Support & Training:
2 weeks and an employee who has been working at the store over 20 years will remain.
Reason for Selling:
Current owner is retiring after running the business for 26 years.

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simon so

Business Listed By:
Simon So

GOLDEN TREE BUSINESS BROKERS, Div. of Summit Business & Financial, LLC

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