| Asking Price |
$695,000 | Inventory |
$50,000* |
|---|---|---|---|
| Gross Income |
$3,366,537 | Real Estate |
$450,000* |
| Cash Flow |
$97,000 | Year Established | 2003 |
| FF&E |
$88,000* | Employees | 9ft, 4pt |
* included in the asking price
** not included in the asking price
Strong growth in an updated store with strong local support. Only deli and branded gas in a 6 mile radius. Second store has strong beer sales. Underground tanks approximately 6 years old. New veeder-root system. New housing and lakefront development in area.
Facilities: There are two stores included in the sale, approximately four miles apart. One store sells gas and has a deli. The real estate for the first store is owned by the seller, is single story, 4,056SF, using 1,600SF for the store, 960SF for the deli and 1,496SF for office/storage/extra seating for the deli. The second store is leased, approximately 800SF, no gas.
Competition: Store one is located at the intersection of two main roads in a rural location 6 miles outside of an incorporated city. It has branded gas and is the first gas station for 16 miles one way, 6 miles another. Strong deli and gas business. The second store sells beer and bait. It is the only store to sell beer in 18 miles one direction.
Growth/Expansion: The business is already growing between 15% - 30% per year.
Support/Training: One month
Reason Selling: Has another business and wants to live 50% in Florida

Charlie Bird
865-376-1454
Coleman Bird Associates
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