THE Business for Sale Marketplace

High Volume C-Store – Price Reduced!!
Location: Oklahoma > Northwest, Oklahoma
Industry: Retail Stores > Convenience Stores
Financials
Asking Price: $1,250,000
Gross Revenue: $10,157,982
Cash Flow: $410,156
Inventory: $200,000 (Not Included in Asking Price)
FF&E: $400,000 (Included in Asking Price)
Real Estate: $700,000 (Included in Asking Price)
Seller Financing: Candidate for SBA financing.
Business Summary
Established in 1989, this busy and popular store has been run absentee for 20 years. The parent company has decided to focus on its non-store core business, and has elected to divest their single convenience store operation. Through the first 11 months of 2008 this business has grossed $9,311,484 with a corresponding net cash flow of $375,976 in 11 months, excluding additional rebate consideration received annually! The FFE and inventory amounts are approximate. The real property is based on an appraisal done last year. This would make a great store for an individual/family or a multi-store operator. A c-store with this revenue and assets is a rare find – don’t pass this up! Above sales and cash-flow are annualized based on the store's performance through the first 11 months of 2008.
About the Business
Year Established: 1989
Employees: 3 full time - 12 part time
Facilities: Clean and modern building with approximately 2600 square feet on 1.26 acres. One-bay automatic car wash is approximately 468 square feet.
Market Outlook and Competition: This is a gold mine for an experienced convenience store operator. The parent company (owner) has not maintained the proper focus on the c-store operation since it is not part of their core business. For an owner/operator or multi-store operator that can devote more management focus on the business, there is tremendous upside. The c-store is not tied down to a lengthy fuel contract.
About the Sale
Management Training and Support: Manager is expected to stay on with sale of business.
Reason For Selling: The business is owned by a larger corporation that wishes to divest their interest in convenience store operations and focus on their core business.

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Listing Tools
BizQuest ID:910419
Seller ID:703-1022
Business Listed By
Fred Phillips  |  Business Exchange Specialists, LLC
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.