Convenience Store - Gas - Bait - Car Wash
Report Date: 6/24/2009 BizBuySell Add #: 466951
Location: Northwest Metro Suburb
Primary Category: C-Store
 

Financial Information

Asking: $ 985,000.00 Gross: $ 2,414,000.00 Cash Flow: $ 180,000.00
Furniture, Fixtures & Equipment: $ 175,000.00
Inventory: $ 40 - 70,000 (not included in sale price)
Real Estate: $ 1,000,000.00 included in sale price
Financing: $ New financing, possible assumption of contract for deed
 
Summary Description:
Busy neighborhood convenience store on busy Hwy 25.  Over 300 newly built houses surround the station with new bi-pass highway planned to intersect Hwy, less than ½ mile from the store.  Sales of $1,856,988 Gasoline products, $501,969 Groceries, $55,231 Car wash income for 2008.  Includes additional lot adjacent to store for additional business.
 
General Information:
Facilities: 66x40 store, 52x20 Car wash, 352 x 263 Lot (appx 2 acres)
Competition: Only convenience store on the south side of town.
Growth & Expansion: Great co-branding potential.  Room for deli, pizza, fast food to increase sales, delivery would be very attractive, given the stores location.
Support / Training: 30 days for new owners.
Reason Selling: Retirement
Year Established: 1994
Employees: 4 PT
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
Prospect Contact Options:
      Require prospect's name
      Require prospect's telephone number
      Ask for prospect's available funds
      Ask for prospect's time frame
      Require prospect submit standard Confidentiality Agreement