Prime location c-store with high volume gas sales as well as brand new pumps and owned by one of the biggest oil company is available for acquisition. Established and acquired in 2012 by the current owner of the business as this location was being built by one of the largest oil company in the world. As a c-store with gas businesses, competition can't be avoided but this c-store in particular is backed by a large oil company who's the most competitive in gas pricing in the area. Customers come from various backgrounds and vary by age which each individual needing different service from this c-store. Sales are $45,000 - $50,000/month in-store and 100,000 gallon/month outside in 2016 with an expected increase by 2017 with proactive marketing. Location of this business is the currently the best way to market this business, but attractive promotions such as daily deals will further increase overall sales to the maximum potential that this c-store can achieve. Also another key change needed for the growth of the business is the full-time involvement of the current owner as well as various products to meet customer needs. Recently in October of 2016, the landlord of this location invested $200,000 in the most recent top-of-line gas pumps to increase sales and stay ahead of it's competitors by huge margins. Products & services provided at this c-store range from alcoholic beverages (beer & wine), snacks, soft drinks, coffee, ATM, money order, lottery tickets, propane, general merchandise, cigarettes, and gas for automobiles. This business is currently a gem in-the-rough which can be turned into a valuable asset with the right owner putting in enough involvement to reach its full potential.
Furniture, Fixtures & Equipment: $20,000 (Included in listed price)
Inventory: $50,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 2012
Facilities: A sandwich shop (Not included in sale) is located beside the c-store and provides extra customers to this 3,400 SF prime location c-store. All equipment is state-of-the-art and is in impeccable condition. The gas station is featured with 12 top of line gas pumps.Support/Training: Owner will provide a training period of 2 weeks for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: As this business is a c-store w/gas, competition is not avoidable but this gas station is backed by the largest oil company in the world and provides one of the most competitive gases pricing in the area.
Growth And Expansion: The prime location of this business provides very effective marketing, but using enticing promotions inside the store will lead to a huge increase in in-store sales. Proactive involvement of the owner will also benefit the business quite tremendously. Also the owner will make $3,500 fixed commission from gas sales without the worry of credit card fee, outside gas maintenance, and inside POS System (Landlord will take care of these) which is equal to about 120,000gal/month at current $0.03 per gallon commission. This will motivate the owner to put more effort in gas sales to bring in more traffic to this c-store.
Asking Price $150,000
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