Convenience Store With Branded Gas For Sale
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $3200000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training As Needed
Description The price has been reduced from $275,000 to $179,000. Busy C Store with Branded Gas in Hampton Roads, Va. 24 year history at the location. Owner is absentee, an owner operator could realize an additional $20,000 to $25,000 in annual owner earnings. All financial numbers are for 2011, to date inside sales for 2012 have increased by 10%. There is a car wash that is currently not in operation but could be refitted as a car wash or developed into some other type of business. There are 10 gas pumps and 1 diesel pump. 2011 fuel sales were 755,594 gallons at an average of 16 cents margin: inside sales for 2011 were $ 728,776.00 or monthly average of $61,000.00 at 30% margins. Lottery commission s of $30,000 yearly, ATM commission of $15,600.00 yearly. For additional sales information contact Wayne White at 757-535-3139, to receive a NDA package.
Owner will sell the real estate with the business for a separate price of $995,000.00 for the real estate, or he will create a favorable lease for the new owner. Seller has another C Store for sale and will consider a package deal for both stores combined. Owner will consider some Owner funding.
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