Profitable Gas Station C-Store in Belknap County - 30868

Financing

$140,000 Down and 8% for two years /seller will also consider doing some financing on the property as well with good credit and substantial down payment

Business Description

If you looked at this business before, look again! Revenue has been increasing AND there is LOT MORE potential here. Great opportunity to own a non branded gas station/convenience store on a very busy road located in a resort/vacation area. Over 10,000 cars travel this road each day. Many opportunities to increase revenue especially in the large convenience store. Property is also available for purchase as well. 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 is also being updated to include vaping pipes with high profit margin. There are two pumps with eight nozzles. Sales for gas have increased significantly from 20,000 gallons p/m to over 36,000 gallons p/m! Pumps also now have premium and plus available. Tanks are double walled and were replaced in 1990. They are not due for any replacement. The convenience store sells some food, beer, cigarettes and cold beverages. Revenue has increased to almost $50,000 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, it does not sell coffee. Other things that could be incorporated would be money orders, prepaid phone or credit cards, electric car charger and fossil fuel. Currently open 7 AM - 8 PM. During peak tourist season, this should be expanded. NOTE: The property, which is about .33 of an acre, and can be purchased for $375,000. Space on the property has been leased to sell used cars which would bring in additional income of $1000 p/m. This additional income would only apply if you purchase the property

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.