C-Store with Gas & Real Estate
This property includes a C-Store with gas, a beauty salon on the first floor and a 5 bedroom apartment on the second floor. The C-store is grossing $25,000 to $30,000 inside sales per month, plus vending games, check cashing & Lotto. Non-Branded Gas Sales are 10,000 to 12,000 gallons per month. There are 3 tanks & 2 pumps. Gas margins average about $0.08 per gallon. The beauty Salon pays rent of $1,050 per month, and the apartment is rented at $1,200 per month. Owner's wife is seriously ill and he must sell this property to have time to take care of her.
The business was established in 1965. The present owner acquired the business and property in 1998.
Free Cash Flow
1 FT employee & Owner
See list in business profile. Includes gas pumps, tanks, signs, shelving, coolers and freezers.
Inside Groceries @ $32,000 & Gas @ $16,000
The property consist of 14,400 sq. ft. and improved with a 5,580 sq. ft. building which includes the c-store at 2,400 sq. ft., a beauty salon at 1,400 sq. ft., and a 5 bedroom upstairs apartment.
The Building has a total retail space of 5,580 Sq. Ft.
Rent and lease terms:
Real Estate is included in the sales price. There is a beauty salon that leases 1,400 sq. ft. and pays rent of $1,050 per month and a 5 bedroom apartment rented at $1,200 per month.
Price and terms