Gas Station with C-Store for Sale in Rockingham Co - 28485

Financing

$165,000 Down and TBD

Business Description

Revenue has increased and the seller is motivated - make an offer now! Located on an extremely busy road, with this gas station the only one on his side of the road! Gross margins are up (.30 a gallon) and have made several cosmetic improvements (painted building, some landscaping, etc) which draws more people in. Also new secure cc readers installed. This is a branded gas station and the supplier prefers a buyer with prior gas station experience and good credit. Owner currently sets the retail price, but could also be set up on a commission basis. Cash flow stated is after payroll of about $36,000. If it was owner-operated, cash flow would increase significantly! In 2022 sold 389,651 gallons of gas. Conveninience store sales were $440,000 . Store sells beer and has a license to sell wine. They also have soda, chips, cigarettes, etc. Lottery net income of $500 - $700/month. Opportunity to increase convenience store profits by selling wine, doing more marketing, and providing items or services that take no space, i.e prepaid phone cards, etc. You could also do truck rentals, which have a significant profit margin. Additional storage area for cold beverages and convenience store items. Cost of inventory is for convenience store items and gas in tanks.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.