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Beautiful C-Store w/ Gas Station & Rental Income

Northwest Arkansas, Arkansas (Benton County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

$Seller Financing Available

Asking Price $899,000 Inventory $25,000** 
Gross Income $2,175,467 Real Estate $814,000* 
Cash Flow $113,600 Year Established 2003
FF&E $180,956* Employees 4 ft; 6 pt

* included in the asking price

** not included in the asking price

Ideally situated on a busy thoroughfare on the way to a recreational lake and national park system, this profitable convenience store with branded gas station benefits from its desirable location, many revenue streams and long-standing reputation in the community: There has been a gas station located on this popular local site for over 14 years! This business has been owner-operated since 2003, and underwent extensive renovations and a recent brand re-imaging. In addition to the C-store and gas, this business offers a fast food grill famous for its giant burgers and ice cream cones free wi-fi connection, and has steady income from three additional on-site tenants. While sales peak from May through September, this business enjoys year-round patronage from nearby residents in one of the fastest-growing communities in the area. The Seller is an industry veteran, and has kept meticulous records for the business since purchasing it from the previous owner in 2003. Financial highlights include: Inside sales $39,250/month Gasoline sales 52,000 gallons/month Diesel sales 7,000 gallons/month Rental income $3,800/month In addition to its multiple revenue streams and reputation as a destination for both local residents and travelers, this business is also distinguished by a loyal and dedicated staff. Product lines offered include: gas, diesel, propane, outboard and car oils, maps, copies and faxes, phone cards, greeting cards, block and bag ice, fishing tackle and bait.

Facilities: At approximately 11,000 square feet, the main building (built in 1996) sits on 3.76 acres and is made of wood truss construction with 12" concrete block sidewalls. The convenience store occupies 1,200 square feet of the main facility, while the remainder is rented out by two tenants for complimentary business enterprises and used for the grill. A detached 400 square foot log cabin with separate electric meter sits on the property, and is fully rented. A commercial appraisal of the property was performed in October of 2006.

Competition: This heavily-trafficked area has one competing business located across the street. There is currently weak competition for the grill and other ancillary services located on the premises of this business.

Growth/Expansion: This business is poised to continue taking advantage of the enormous growth in Northwest Arkansas, which was recently named as one of the top 25 recession resistant parts of the country. Surrounding traffic, homes, vacation rentals and campgrounds will continue to draw new and existing customers. This business is located in Northwest Arkansas, which is ideally situated in the geographic center of North America and surrounded by the natural beauty of the Ozark Mountains, and is consistently voted one of the most livable parts of the country.

Seller Financing Available: Yes

Financing: Negotiable to qualified buyer

Support/Training: Seller will provide two weeks of training at no cost.

Reason Selling: Other business interests

Business For Sale By

Chris Taylor

(479) 644-6143

Synergy Business Services, LLC

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