Gas Station with C-Store for Sale in Rockingham Co - 28485 Business Type: gasoline service station,liquor store/ wine,seller financing available,convenience store
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $115,000 | Down Payment | $90,000 |
| Gross Revenues | $1,425,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $40,000 | Number of FT Employees | Register Free to View |
Financing
$90,000 Down and
Business Description
Owner needs to sell due to other business interest! Located on a very busy road and one of only gas stations on his side of the road. Make some cosmetic improvements (paint, flowers, etc.) to really draw people in as the retail price on the gas is competitive for the area. This is a branded gas station. Owner currently sets the retail price, but could also be set up on a commission basis. Currently being run absentee. Cash flow stated is after payroll of about $36,000. If it was owner-operated, cash flow would increase significantly! In 2019 sold about 450,000 gallons. Convenience store sales of $40,000/month. Store sells beer and has license to sell wine. They also have soda, chips, cigarettes, etc. Lottery net income of $500 - $700/month. Opportunity to increase convenience store profits by selling wine, doing more marketing, and providing items or services that take no space, i.e pre-paid phone cards, etc. You could also do truck rentals, which have a significant profit margin. Additional storage area for cold beverages and convenience store items. Cost of inventory is for convenience store items and gas in tanks. Revenue has been increasing and expected cash flow for 2020 is expected to be close to $60,000. Make an offer now while seller is very motivated!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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