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This is a very profitable convenience store with branded gas located in a four season recreation destination area. The business is absentee owned with experienced management in place. The unique location in a tourist town allows for a high margin on gas sales. Prime location on state highway and includes land for future use. Great opportunity for investor or multi store owner who wants a turnkey business with proven profitability. Great opportunity for a family who wants to operate their own profitable business and live in a beautiful area that millions of people only get to visit. Motivated Sellers are offering this at a price that is supported by its historical profitability.
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| Industry: |
Retail Stores |
| Industry Segment: |
Convenience Stores |
| Geography: |
United States > New Hampshire |
| Asking Price: |
$599,000 |
| Gross Revenue: |
$1,288,819 |
| Gross Revenue Comments: |
FYE 9/30/2009 |
| Cash Flow: |
$119,306 |
| Cash Flow Comments: |
Discretionay Earnings for Biz & RE |
| Value of Inventory: |
$70,000 (Not Included in Asking Price) |
| Value of Equipment: |
$60,000 (Included in Asking Price) |
| Value of Real Estate: |
$350,000 (Included in Asking Price) |
| Seller Financing: |
Cash or Bank Financing |
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| Year Established: |
1970 |
| Number of Employees: |
3 full time - |
| Mgmt. Training/Support: |
Transitional services available based on needs of buyer |
| Reason For Selling: |
Owner has relocated outside of the country. |
| Facilities: |
2,061 sf store. 1.71 acres. 3 pumps with card readers (one pumps diesel), 3 underground tanks with computerized monitoring, awning, POS System, licensed deli, walk-in coolers |
| Market Outlook/Competition: |
The business mostly serves the large base of tourist customers and second home owners in this four season destination resort area, along with local businesses and residents. Competition in the area is long established with new competition unlikely. The area has traditionally had higher than normal gasoline prices, but a highly seasonal tourist population. There are no other stores in this area of town. There are stores 2-3 miles away. Located in a very desirable resort area that has several new attractions and projects being built in 2009-2010. |
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| Name: |
O.J. Robinson |
| Email: |
info@cpointadvisors.com |
[Back To Engagements] |
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CenterPoint Business Advisors - 651 Main Street, Suite 200 - P.O. Box 863 - Franconia, NH 03580 - 888.988.0999
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