(SS) Country Store / Gas / Grill near Morganton, NC Profitable, Well Established, Leased - Business for Sale

Transcription

1 Paving your access to the future Business & Real Estate Brokers Specialists for Conv. Stores / Gas Stations, Motels, Restaurants, UPS Stores (SS) Country Store / Gas / Grill near Morganton, NC Profitable, Well Established, Leased - Business for Sale (SS) Country Store / Gas / Grill near Morganton, NC Cash Flow: $8,900/month net Asking: $89,000 + Inv., In: $57,000/mo. Out: 15,000 gal./mo. - Lottery, Mfr. s Rebates, Misc: $4,650/month net Area: 2,000 SF. Rent: $1,500/mo. Very little competition Page 1 of 7

2 Financial Summary Asking $89,000 + Inventory Cash Flow (EBITDA), monthly * $8,865 Total Gross Sales Monthly $117,900 Inside Grocery Sales, $ $32,000 Inside Grocery gross margin, % 28% Soft Drinks Sales, $ $8,000 Soft Drink margin, % 12% Cigarettes, Tobacco Sales, $ $15,000 Cigarettes, Tobacco margin, % 10% Grill Sales, $ $2,000 Grill margin, % 50% Outside Sales, Gallons 15,000 Outside, net, c/gal. 4 c / gal Misc., net $150 Lottery, net $900 Money Order, Check Cashing, Bill Pay $400 Manufacturer s Rebates $3,200 Total Gross Profit, monthly $16,710 Lease: Years left - option to renew for years Gas Brand Independent Furniture, Fixture & Equipment (incl. in price) $50,000 Inventory (NOT incl. in price), wholesale $60,000 Real Estate, Rent C-store/Gas $1,500/month Employees 3 Full Time * Cash Flow: Estimate Per Seller s figures - Net profit before taxes, owner payments, interest and depreciation, After all expenses including goods for resale, utilities, credit card fees, wages, rent, etc. Buyers are cautioned to arrive at their own estimate before proceeding. Page 2 of 7

3 Monthly Expenses Rent / Interest. Does it include TICAM, utilities? $1,500 Wages + + 4,500 Property Tax (included in rent) Property Insurance (included in rent) Electricity 1,000 Water / Sewer 20 Telephone, incl. Internet 125 Trash pick-up 125 Security System 25 Credit Card fee 500 Supplies 100 Miscellaneous 50 Total Expenses $7, Monthly Wages are an estimate based on number of hours the store is open Buyers are cautioned to arrive at their own estimate before proceeding. Page 3 of 7

4 Business This is an absentee owner run business. There is a margin of 4 cents/gallon. Oil Company pays for gas in the tank. Oil company sets price for gas. No deposit is required from the oil company. Owner is selling as he has many stores and is planning a long trip overseas. Business was established in Owner bought the business in The store was closed for 6 months prior to that. Location In a residential neighborhood with very little competition for miles. Facility Operating Hours: M-Sat: 6 AM 10 PM Sun: 6 AM 9 PM Store: about 2,000 Square Feet Includes camera security system tied to an alarm. Sells Diesel & Kerosene. Pumps accept credit cards. 12 doors Walk-in cooler Includes POS Register system Includes leak detection system When inquiring, please refer to the listing code (SS). Page 4 of 7

5 For additional information, please contact Chandra Shah at or by at If you have not faxed (or scanned and ed) Non- Disclosure Agreement and Buyer s profile, please do so. We are required by sellers to obtain this information before releasing confidential information, including address and photographs. Owners have requested that all buyers submit proof of their financial ability to purchase this business when they submit an offer. Thank you for your cooperation, which will help us facilitate the sale. Disclaimer: Information has been gathered from owner and other sources deemed reliable, but is not guaranteed by Access Funding Corps., d/b/a Access One Realty as to accuracy or completeness. Opinions expressed in this presentation are subject to change without notice. assumes no liability for inaccuracies in the listing information. does not provide legal, tax, or accounting advice. Prospective purchasers / selling brokers should obtain verification upon the advice of legal counsel, CPA and/or other sources satisfactory to them for guidance. Copyright Page 5 of 7

6 OUTSIDE PICTURES INSIDE PICTURES Page 6 of 7

7 Page 7 of 7