$2,300,000

High Volume General Store with Gas and Car Wash

North Carolina/Outer Banks
Financials
  • Price: $2,300,000
  • Gross Income: $3,100,000
  • Cash Flow: $250,000
  • FFE: $519,000
  • Inventory: $50,000
  • Real Estate Value: $1,450,000
  • Source Data:
About the Business
  • Listing ID: #1572
  • Year Established: 1980
  • Financing:
  • Training: yes
  • Facilities: General Store, Gas, and Car Wash
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

High Volume General Store with Gas and Car wash. Established 35 years, this coastal convenience store has been supported by high tourist traffic and unparallelled local loyalty. Strategically located along popular seaside route guarantees 12 month activity. The business has three strong revenue and profit centers which includes inside sales, car wash ($60,000 annually) and gas sales selling in excess of 50,000 gallons a month. Inside sales beats industry averages with over $800,000 annually. Total annual lottery sales in excess of $100,000. The owners looking to retire will provide support, training and a smooth transition. For more information contact Bob Adams at (757) 439-0849 or email at Bobadams@advancedbusinessbrokerage.com

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Business Listed By

Frank Chebalo, CBI, ABI, CMSBB, CBC 4445 Corporation Lane, Virginia, Virginia Beach