Business Summary
Busy C Store with Branded Gas in Hampton Roads, Va. 24 year history at the location. Owner is absentee, an owner operator could realize an additional $20,000 to $25,000 in annual owner earnings. All financial numbers are for 2011, to date inside sales for 2012 are averaging monthly $64,000 inside sales @ 28%, 60,000 gallons @ .16 pool margin, ATM commission at $1,700 and LOTTO $2,500. There is a car wash that was gutted and has been leased to a Tire Business for $1,0000 monthly. this rental income will go to a buyer of the store. There are 10 gas pumps and 1 diesel pump. 2011 fuel sales were 755,594 gallons @ an average of 16 cents margin: inside sales for 2011 were $ 728,776.00 or monthly average of $61,000.00 at 30% margins. Lottery commission s of $30,000 yearly, ATM commission of $15,600.00 yearly.
Owner will sell the real estate with the business for a separate price of $995,000.00 for the real estate, or he will create a favorable lease for the new owner. Seller has another C Store for sale and will consider a package deal for both stores combined. Owner will consider some Owner funding.
Property Details
Miscellaneous Details
Financing Available:
Yes
Seller will finance the business with a $150,000 down payment.Seller will finance the real estate with 35% down payment.