Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Profitable Neighborhood C-store And Tobacco Shop On Nc Border

LISTING DETAILS
Firms For Sale ID:
29399
Vendor reference:
CS97619
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$169,000  
Turnover / revenue:
$724,000
Net profit / cashflow:
Undisclosed
Years established:
1
Trading hours:
24
Number of employees:
3

OTHER DETAILS
Reason for selling:
partner disagreement
Support and training:
1
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
9
BUSINESS DESCRIPTION
Very profitable neighborhood convenience store and tobacco shop on the NC/SC border. The store is well-positioned along a major road vein with easy access. Inside sales: 60K/mo, Lottery: 300/mo. Low expenses include rent of only 1,200/mo and the landlord pays property tax and property insurance.

A buyer should consider increasing the sales through the addition of alcohol and EBT sales. Also, the store is currently absentee-run. An owner operator could significantly reduce cost and increase profitability.

Reason for selling: There are is a general disagreement between the partners about the operations of the store. They have decided the easiest resolution is to sell the store.