Description of the business for sale
Busy neighborhood convenience store on Hwy 25, 1 mile south of downtown. Over 300 newly built houses surround the station with new bi-pass highway planned to intersect Hwy 25, less than mile from the store. Sales of $1,856,988 Gasoline products, $501,969 Groceries, $55,231 Car wash income for 2006. Includes additional lot adjacent to store for additional business. Real Estate available for additional $1mm
GROWTH: Great co-branding potential. Room for deli, pizza, fast food to increase sales, delivery would be very attractive, given the stores location.
COMPETITION: Only convenience store on the south side of town.
ADDITIONAL FINANCIAL INFORMATION:
• Financing: $100K down with seller financing.
• Inventory: $70,000.
• FF&E: $150,000.
• Real Estate: $1,000,000.
REASONS FOR SELLING: Retirement.
EMPLOYEES: Full-time / Part-time: 4 part-time.
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Support / Training provided by seller
30 - 60 days for new owner
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Description of the facilities
66x40 building, 52 x 20 car wash Approx 2 acres, price does not include real estate, but is available to purchase.
Lease: $6,500/mo triple net 5 year with 100% rent credit applied towards purchase for 1st year, that's $78K to use toward down payment on land and building.
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