Business Summary:
This is a large very well established convenience store with two pumps, a small restaurant and an area for clothing and gifts. The store and lot, which are included in the above price, are approximately 5,500 sq. ft., on a 1.58 acre lot. There is also an option to buy an adjoining 4.42 acres of undeveloped land for $45,000.
The convenience store was established around 40 years ago and the current owners have been running it for seven years. It is on a highly traveled road with little competition. The store is open 7 days a week from 5:30 AM to 8:00 PM and the restaurant is open 7:00 AM to 7:00 PM.
Buyer could greatly increase revenue by branding the store/gas, adding additional pumps, or expanding store hours. In addition, with the store being around 5,500 sq. ft. the buyer has room to add more inventory and/or additional products.
Excellent books and records are available which will be disclosed after a confidentiality agreement and proof of financial capability are received. No information will be released prior to this.
Convenience stores of this size with limited competition do not stay on the market for long! Call Jeremy Hovater today for more information at (251) 626-4949 or email at jch@sunbeltbroker.com.
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