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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Profitable Gas Station with C-Store and Car Wash
(Automotive , Gas Station)
Wayne County , NC
Listed Price: $ 1,750,000
Listing ID: GST351

Listing DetailsGross Revenue: $ 1,601,175
FFE: $ 470,000 (Included in Price)
Inventory: $ 35,000
Reason for Sale:

Owner is absentee, corporate sale.


Training & Support:

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


OperationsYear Established: 1999
Days & Hours of Operation: Mon.-Sun. 5am-12am
Absentee Owner: No
LocationLease Expire: 0000-00-00
Facilities:

The property consists of 41,192 square feet with a modern C Store and car wash. 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 Wayne County, North Carolina on an active county road with various other successful businesses.


SummaryBusiness Description:

Highly profitable opportunity for this corporate sale of a gasoline station and convenience store with real estate. The business offers fuel/gas sales, convenience/food mart sales, car wash, lottery, etc. This business opportunity includes the real estate and generates a gross yearly income of $1,601,175. 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. The sale includes the business and property, a fully equipped retail store, including operating fuel gas stations with canopy, upgraded fuel tanks, gas pumps, refrigeration & freezer units, POS system, displays, shelving, tables, computers, including all the necessary equipment to maintain the day to day business operation. 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. This is a corporate sale which involves seller’s retirement and owner financing. 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:

Available to a qualified buyer.