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C-Store with Gas for Sale in Greater Charlotte Area
| Reference #: |
30031092
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| Location: |
Greater Charlotte Area
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| Price: |
$525,000 |
| Amount Down: |
$275,000 |
| Revenues: |
$4,589,408 |
| Discretionary Earnings: |
$0 |
| Total Assets: |
$0 |
| Business Description: |
This is a terrific 7,200 sq. ft. two story facility built and opened by our client in 2007 with 5,400 sq. ft. of convenience store on the ground floor and 1,800 sq. ft. of living space on the second floor. The store is located on a US highway that is a major commuter route into the city with a very high traffic count. The store averaged 139,000 gal/mo in 2009 with a significant (40%) increase in the 4th quarter vs. the 4th quarter of 2008 (167,000 gal/mo vs. 119,000 gal/mo). According to the Charlotte Observer newspaper, this is one of the fastest growing areas of Charlotte and the increase in business is due to an improved economy and exploding population. The store averaged $64,000/mo on inside sales in 2009. We are offering to lease the business on a 10 year lease basis. The price for the goodwill and a ten year lease is $525,000 with $275,000 down and $250,000 financed by the seller for 5 years. Rent $16,500/moContact Phil Hagey at 704/409-1872 or email phagey@vrcharlotte.com |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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