Business For Sale Listing 138876
C-Store – Fuel & Food
Status as of Dec-3-2008 at 06:02 PM: Active
Business Summary
DESCRIPTION: The store is strategically located in an area of steady growth due to interstate development. It offers the fuel and convenience of a traditional c-store with a full range of quick serve food items and indoor seating as well as take-out. The business does about $1.5 million in annual sales with close to 65% in higher margin in-store grocery and food sales. About 35% comes from gasoline sales. Sales are year-round with a strong peak in summer. The store is adjacent to the ITS snowmobile trail system for excellent winter business. The sale includes real estate.
MARKET: The store has a prime location in its market and serves year-round and seasonal customers. The excellent corner lot is a grandfathered use in a development zone. Year-round residents, summer vacationers and winter sports enthusiasts make up the store’s varied and growing customer base. This area of Maine will continue to grow in both population and vacationers, with an ever increasing traffic count by the store. With the addition of city sewer, the building can be expanded with a large canopy and additional fuel islands. Ample space could be converted to synergistic uses or rented out for co-branding opportunities.
FACILITIES: The 4,700 SF building is located on a 30,000 SF corner lot. New signage, pumps, paving and exterior renovations and landscaping have been added in the last several years. A second floor apartment can be used by an owner/operator or rented for additional income. (Estimated additional $6,000 in rental income.) The business owns the fuel tank and pumps. The real estate is included in the sale.
BUSINESS PRICE: $100,000,
DOWN PAYMENT: $50,000
INVENTORY: $30,000
WORKING CAPITAL NEEDED: $20,000
REAL ESTATE PRICE: $400,000
DOWN PAYMENT: $170,000
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,600,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($161,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
Pro-forma |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($500,000) |
