LISTING DETAILS

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Listing #CS97941
Lexington, NC




Offered at $259,000

 

Property Details
Listing Type: Convenience Store - Interstate Location, Neighborhood Store, City Limits, Lottery Commission
Selling Price: $ 259,000.00
Property Included: No
Property for Sale: No
Inventory Included: No
Inventory Amount: 55000
Down Payment: Cash
Hours: M-T 6-10, F & Sat 6-11, Sun 8-10
Franchise: No
Year Business Started: 1998
Security System: Yes
Number of Employees: 2 full, 3 part
Lease: Current owner has 7 years left but new owner to have a new triple net lease.
Area Information:
Other: Neighborhood Store and just off I-85 Business. Road was recently made two way by state and a new bridge is almost finished. Bridge construction has brought store inside sales down to aprox $70K per month in sales which should go back to $80K or more in a couple months when construction is complete. Busy intersection and large neighborhood. Across from Fast Food chain. Owner has option to receive either 5 cent per gallon on fuel or no credit card fees. Seller took the option to have no credit card fees.
Rent: 1300
Environmental Status: Not Known
Gas Contract: see below
Who Pays Credit card fees?: landlord
Walk-In Cooler: Yes
Credit Card Fees Paid By: Business Owner
Inside Sales: 70000
Fuel Brand: Exxon
Average Fuel Profit: see below
Beer License: Yes
Beer Cave: Yes
Wine License: Both Fortified and Non Fortified
Fuel Offered: Gasoline, Diesel, Ethanol
Fuel Tank/Equipment Owner: landlord
Fuel Owner: Landlord



Annual Income Streams

Gas Commission
Gas Gallons
Gas Sales
Inside Sales
ATM
Air / Vac
Drink Machines (outside)
Lottery Commission
Money Order
Propane
Rent Income
Beer Sales
Tobacco Sales
Rebates
Room Revenue
Restaurant Revenue
Liquor Sales
Total Sales
Car Wash
Check Cashing
Game Machine
Phone Cards
Western Union
Other
Other
Other
Catering

Monthly Expense Items

Accounting / Legal
Bank Charges
Business Insurance
Car Wash Repairs & Supplies
Credit Card Fees
Licenses
Phone
Power
Payroll
Property Tax
Rent
Repairs
Supplies
Tank (UST) Fees
Garbage
Dues / Subscriptions
Laundry Uniform
Training
Natural Gas / Propane
Mortgage
Payroll Tax
Insurance
Utilities
Communication
Security
Event Fees
Office Expense
Office Supplies
Postage
Shipping
Professional Fees
Royalties
Bill Pay
Water
Other
Other
Other
Advertising
Equipment Rental
Auto
Workers Comp Insurance
Employee Health Insurance
Merchant Fees
Uniforms
Fuel Oil
Customer Promotions
Property Manager


Please Contact your County South Broker for a more detailed list of income and expenses.

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NOTE: All information listed here is provided by the seller and should be verified by buyer as we do not guarantee it to be correct.