MergerPlace

C-Store, Gasoline, Fried Chicken

Missouri


  • Asking Price: $199,000
  • Gross Income: $1,562,736
  • Cash Flow: $67,118
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #210563
  • Established: 1972
  • Employees: 4

Business Description

46 years in same location - new pumps, tanks, pads and sumps - fully compliant with MODNR 2018 storage tank requirements. Great location right on heavily traveled state highway. Known for the coldest beer in the county and the freshest fried chicken. This staple of the community has been owned and operated by the same family for the last 15 years. Great revenues, profits and well run.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Missouri

Company Information

Year Established: 1972
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $199,000
Gross Revenue: $1,562,736
Cash Flow: $67,118
EBITDA: $43,146
Seller Financing Available: No

Property Information

Facilities:

~1,200 sq ft C-store sitting on a ~2 acre site fronting State Highway. All pumps, tanks, canopy, pad, sumps recently upgraded and fully compliant with 2018 MODNR requirements. Large walk-in coolers and updated service counter. Facility is located just outside the City Limits so only County taxes apply. Needs nothing to continue to enjoy predictable revenues and profits.

Growth & expansion opportunities:

C-store currently provides a good assortment of drinks and snacks and some hunting supplies. There is space to expand the food offerings. The owners also do little to no advertisement and promotion (benefit of loyal, regular customers) but it could benefit by more advertising. There is also the opportunity to expand the hours of operation as the store closes at 8p on weeknights, 9p Fri & Sat and 5p on Sunday.

Competition:

There are 4 other stores in the town of ~5,000. This store added a branded fried chicken and has made a name for itself with the "Coldest Beer in the County". They also expanded into hunting and fishing license and supplies and are one of the few that offer that service.

Reason for selling:

Other business opportunities.

Support & Training:

30 days included with asking price

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Business Listed By:

Steve Denny

Innovative Business Advisors