High volume c-store with various services and products is available for acquisition including real estate. The business was originally built and acquired by the current owner in early 2010. Since the majority of the customers are neighborhood individuals, this result in a consistent flow of sales as well as non-stop traffic to this retail strip center. Industrial workers also contribute a substantial percentage of the total sales by visiting the c-store during lunch hours for a quick meal including other products needed on a daily basis. As any other c-store and gas station should expect competition, but the current competitors are all run-down and lacks in various products that can be provided to the customers. Sales each month average at $95,000 - $100,000 for inside sales, $7,000-8,000/month for the deli, and check-cashing services average at volumes of $400,000/month including a 1%to 1.5% fee. Steady revenue is expected since the current leased area for the nationwide mobile store provides monthly rent and the vacant spot in the end of the retail strip can be utilized to generate a consistent amount of cash flow per month while leased to tenants. The total area of the building is 6,556 SF with 4,309 SF allocated to the c-store, 907 SF for the nationwide mobile store, and a 1,340 SF vacant space that can be used to acquire more monthly rent income. Proactive marketing is crucial to the business as well as owner involvement to truly increase revenue generated and building a solid customer base. The current sales can be drastically increased with a full-time involvement from the owner since previously when there was a full-time commitment that increased the sales to $115,000/month. Although outside marketing is needed to bring other potential customers, owner involvement should be capitalized to create a solid foundation where the business can operate at optimum efficiency. Products & services provided at this c-store range from beer, wine, check-cashing, ATM, lottery, games, drinks, snacks, deli, cigarettes, and other minor c-store products. This c-store is in one-of-the-best areas for consistent customer traffic and with enough owner involvement can easily become the dominant c-store in the general area.
Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $90,000 (Not Included in listed price)
Real Estate: $1,300,000 (Included in listed price)
Financing: 100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2010
Facilities: Located in a gorgeously built 6,556 SF retail strip center with the 4,309 SF allocated to the c-store that anchors the nearby nationwide mobile store and lease is available for the vacant space at the end of the retail strip. All equipment is in impeccable condition and in working order.Support/Training: Owner will provide training during a 2 week period for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: Competition should be expected as any c-store or gas station, but all other competition lacks in terms of maintenance kept and various available products customers can partake in.
Growth And Expansion: Proactive marketing is essential to the further growth of this business as there's currently no marketing done in the local area.
Asking Price $1,690,000
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