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Business for Sale Summary [Non-Confidential]

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Lee County, AL

Business Type: retailing businesses,convenience store,delicatessen/catering services,gasoline service station

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Non-Confidencial Financial Infomation

  • Asking Price

    $300,000.00

  • Gross Revenues

    $1,500,000.00

  • Financing

    $ 300,000.00 Down and Must buy real estate for an additional 6000,000

  • Owner's Cash Flow

    $77,700.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Just reduced by 1/2 million dollars. GREAT COUNTRY CONVENIENCE CENTER, more than just a typical C-store and sitting on a great piece of real estate. In business over 20 years but they constantly update the store and it still looks great. Great location, corner lot in this fast growing college town that is spreading out in this direction. Store is surrounded by $1 million properties and $500K subdivisions. Must buy the real estate from the owner for an additional $600,000 (that is a real deal for this land, building, pumps and tanks). There is enough land here to develop. Total sales price is $900,000. Owner will consider helping with the financing with 1/2 down. Located on a great corner and they have a very poplar (and highly profitable deli) they also offer small hardware items, sundry items, greeting cards and gift shop items and some clothing items. This store does over $60,000 a month inside and only 20,000 gallons of gas per month. This price includes over $120,000 in inventory. owner is in his 70's and ready to retire. This is a big store but it is over staffed. Now owner could come in and cut expensed and increase profits by 20 to 30 %. Could also get a better gas deal and sell a lot more gas if they wanted to. Contact broker for a private showing of this high volume C-store with branded gas.

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