Listing ID # 33017
This Branded Gas Station and Convenience has weathered the COVID storm! Location, Location, location - At an urban corner, on the way to a large 4 season recreation venue, and 1000 yards away from a Major Interstate Highway exit, this location Draws from FOUR (4) traffic patterns. (Very rare)Open 24 hrs using best practices tools and technology based to maximize safety, cash flow and inventory turn.There are fully trained Managers who take off hours calls- Hired with 30 years experience vetting excellent employees, along with Oil corporation management training. (Seller is active sector consultant today).Low Overhead and Seller is willing to train the buyer in: The POS Back office system (a business intelligence software suite enabling accounting and inventory control. and various programs to increase sales and margins.The Owner has invested in a major Food Service program that includes installation of all new Deli equipment, Oven, Hot Merchandiser display, upgraded Coffee program and fountain dispenser. They installed are new refrigeration equipment and counters. Plumbing and electrical service has also been upgraded. A new AC Roof unit as well as a new AC Wall unit. New landscaping has been installed as well as a planned Fuel Forecourt image upgrade (Canopy, new lighting, Decals, pump panels, painting etc.) The above implemented programs and the install of the Food Service program has generated a 30% year on year C-store sales gains as well as margin increases. In May 2019 Completed food service program opened,Results: (Pre Covid e.g. - selling 70 11 inch Italian Hoagies/ day at $5.00) June 2109 - $114,000.00 inside sales at 30% margin July 2019 - $116,000.00 inside sales at 30% margin August 2019 - $113,000.00 inside sales at 30% margin.With Covid and the subsequent lock down customers shrank as did business.The seller cut back to 16 hours and for two months ended their food service program. They reopened their food service program Mid-June, 2020 and C store sales have rebounded to $80,000.00, this while only open 16 hours/day Seller thinks going back to 24 hours will bring inside sales back to the Pre-Covid annual average of $105,000./month. Business is opening 24 hours this week (Mid-August, 2020).
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