Description of the business for sale
The business is absentee run. This is a name brand fuel, independent convenience business and a Subway Shop under one roof with one owner. The fuel is self-serve. The Subway opened in December 2006. The profit margins are high. The convenience store does 30% gross profit. They make 25% on cigarettes. They average .15 per gallon gross margin on the fuel. The Subway does about $3,000 a week. The only overhead is the labor and food cost.
One employee works the Subway 98 hours a week. One employee works the convenience store 109 hours a week. A second employee overlaps 2 hours a day. This equals 123 labor hours/week in the conv. store.
Support / Training provided by seller
Whatever is reasonable.
Description of the facilities
The lot is over 1 acre. The tanks, 5 pumps and canopy were new in 1999. The store is 2,000 square feet. The tanks are double wall fiberglass.