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Business for Sale Summary

Profitable Gas Station C-Store in Belknap County - 30868

Business Type: absentee business,convenience store,liquor store/ wine,gasoline service station
Profitable Gas Station C-Store in Belknap County
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Financial Information (non-confidential)

General Information
Asking Price $80,000 Down Payment $80,000
Gross Revenues $1,329,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$80,000 Down and

Business Description

Great opportunity to own a non branded gas station/convenience store on a very busy road. Over 10,000 cars travel this road each day. Located on a well traveled road heading to Concord in a four seasons resort area with proximity to lakes and mountains. With over $80 K in recent renovations revenue has increased significantly. Improvements include; new metal roof, vinyl and brick siding, improved LED lighting, new dispensers and POS system. Inventory in store also being updated to include vaping pipes with high profit margin. There are two pumps with eight nozzles. Sales for gas has increased significantly from 20,000 gallons p/m to $36,000 gallons p/m! Pumps also now have premium and plus available. Tanks are double walled and were replaced in 1990. The convenience store sells some food, beer and, cigarettes and cold beverages. Revenue has increased to $44,375 p/m! There is a 12-door cooler to provide a wide range of cold beverages. Due to the convenience store size of 1600 square feet could do even more business. There is a separate deli area, with equipment, not being used. Currently, does not sell coffee. Other things that could be incorporated would be money orders, pre-paid phone or credit cards, electric car charger and fossil fuel. Currently open 7 AM - 8 PM. During peak tourist season, this should be expanded. Currently is not owner-run, and is paying $36,000 in salaries. Become an owner/operator and save a lot of this money. NOTE: The property, which is about .33 of an acre, would be sold with business for $375,000. Recently has leased space to a use car dealer which brings in additional income of $1000 p/m. This would be additional income for a new owner.

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.