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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Gas Station with C-Store
(Automotive , Gas Station)
Cherokee County , SC
Listed Price: $ 1,450,000
Listing ID: GST352

Listing DetailsGross Revenue: $ 1,532,913
FFE: $ 450,000 (Included in Price)
Inventory: $ 35,000
Reason for Sale:

This is a corporate sale, the owner is absentee owner.


Training & Support:

The owner will remain post-closing for 30 days and supply a transitional period.


OperationsDays & Hours of Operation: Mon.-Sun. 5am-12am
Non-owner Payroll: $ 6,400
Employees: 2
Absentee Owner: No
LocationLease Expire: 0000-00-00
Facilities:

The property consists of 26,242 square feet with a modern C Store. The facility is fully upgrade and modernized with a canopy. The location also has additional services such as Lotto, ATM, etc. This business opportunity is located in South Carolina, Cherokee County on an active county road with various other successful businesses.


SummaryBusiness Description:

Highly profitable business opportunity for this corporate sale of a gasoline station that includes the real estate. The business offers fuel/gas sales, convenience/food mart sales, lottery, etc. This business opportunity generates a gross yearly income of $1,532,913. This particular business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $6,400. The business is active seven days per week, with hours from 5:00 am to 12:00 pm. The sale includes a certificate of occupancy from each of the particular municipalities including the required license approval for Lotto, etc. Financing has been approved with 25% down payment and based on a 20-year payout at 4% interest purchaser would have approximately 25% return on investment after debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.


Competition:

To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.


Potential Growth:

The business presently requires onsite ownership to further improve performance also with additional corporate fuel accounts further growth is possible.


Financing/Terms:

Is available to qualified buyer with an appropriate down payment.