A high quality, well organized branded Gas Station and Convenience Store strategically located off a major artery exit in South Hampton Roads. The store provides over 5,000 square feet of leased space and incorporates a fresh pizza franchise with delivery and carry out as well as an ice cream parlor for its patrons.
The station is the only gas station in a 3 mile radius. In the next year, a major $500 million dollar commercial project will open nearby and provide additional traffic and business opportunities to the business. Sales have increased each year and in 2005 increased 10% in all segments of revenue.
Gasoline volume averages 80,000 gallons per month. The business has a strong supplier agreement in place. The supplier owns all the pumps and revenues on gas are split 50/50. All maintenance and equipment costs associated with the pumps are the responsibility of the supplier.
The convenience store has a fresh cooked Pizza franchise inside as well as lottery, tobacco, beer and wine and food provisions. A separate attached area has an ice cream parlor that opened in mid-2005 and has shown strong acceptance. There is an equally sized vacant space on opposite end of the building where additional retail expansion is possible. The business is open from 6am to 11pm 7 days a week.
Reason for sale is other business interests.
Purchase Price: $450,000
Annual revenues are divided as follows:
Gasoline Profits $59,000 = 5%
Pizza Sales $94,000 = 8%
C-Store Sales $760,000 = 60%
Lotto $308,000 = 24%
Ice Cream Parlor $21,000 (6 months) = 2%
Gross Revenues $1,245,786 = 100%
Cash Flow: $149,638
FF&E: $50,000 (included in asking price)
Inventory: $95,000 (included in asking price)
We're sorry, this listing has been canceled.
Here are some similar listings that are still active:
Very active convenience store located on busy interstate at an exit that offers easy access and return for cars going in all directions. Popular branded fuel with modern dispensers. Priced right and profitable for experienced operator.Convenience Store with Gas Services
This owner-operated convenience store is located on a major highway in suburban Richmond. There are no major discount competitors in the immediate vicinity. Annual receipts do NOT include gasoline. Average monthly gallonage is approximately 30,000. Inventory price is inside only. Monthly printouts of all sales by product type available for 2010,...New Price/Thriving Convenience Store W/Gas W/RE
2013 was another record sales year! 2013 cash flow was $110,860! Immaculate books and records. Owner invested cash and over three years of his time to make this gem sparkle. Total sales have increased from $1.5 million in 2011 to $2.3 million in 2013. Inside sales average $50,000/month. Lottery, ATM, and Air Machine provide additional income. Busy...*New Price* - Convenience Store with Gas
Convenience store offering money orders, bill pay, faxing, copying, lottery, gas, dollar store, cigarettes, beer, grocery and a small deli. 27-30,000 gallons of gas sold monthly. Store profits 10 cents per gallon sold. Inside sales of approximately $1,000 daily.
Or browse listings in the following categories: