Prime location c-store and franchise sandwich shop package deal is available for acquisition. C-store was established by the owner of the business in early 2012 and later built the franchise sandwich store in late 2014. Competition is to be expected for any c-store, but this gas station is backed by the largest oil company in the world and provides excellent gas pricing that competes with local pricing. Realistically this franchise sandwich store should expect competition, but this will not pose any issues as this business is the only one in the area that is combined with a c-store making it extremely convenient for customers needing gas or grabbing a bite to eat. Additionally, the drive-thru that the sandwich store provides makes it even more convenient for individuals to fuel up their car and easily go through the drive-thru instead on walking in. Majority of the customers for both stores are Caucasian individuals from the nearby neighborhoods and any individual driving past the intersection. Both businesses synergize very well since individuals getting gas would get something light to eat and vice-versa individuals getting a meal would fuel their cars since it's convenient. Sales are $45,000 - $50,000/month in-store and 100,000 gallon/month outside in 2016 for the c-store. Franchise sandwich shop generated $35,000/month in 2015 up to 2016 with an expected growth after proactive marketing and involvement from the owner. Proactive marketing is crucial to the growth of the business since both operations are run as absentee owner with management in place. Involvement of the owner for both locations would cut labor expenses by a large amount and increase the amount of effort owner uses to properly market out both businesses. Adding weekly deals that work hand-in-hand for both businesses can be quite beneficial for in-store sales and drive-thru sales. 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 provided by the franchise sandwich shop are premium specialty sandwiches that uses varieties of ingredients such as bacon, grilled cheese, Sicilian style meat, Tuscan Style Sandwich, chicken, smoked cheese, beef, turkey clubs, and premium angus beef. These businesses can easily provide great cash flow at the expense of owner involvement once this business is acquired by the right buyer.
Furniture, Fixtures & Equipment: $170,000 (Included in listed price)
Inventory: $55,000 (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: The 1,550 SF franchise sandwich shop is located beside the c-store and provides extra customers to this 1,897 SF prime location c-store that also works vice-versa. 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. For franchise sandwich store, training will take place locally for several weeks.
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.
Asking Price $450,000
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