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C Store with significant rentals and revenues.

VT

C Store with significant rentals and revenues.
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Asking Price: $4,981,000

Cash Flow: $538,000

Gross Revenue: $4,600,000

EBITDA: N/A

FF&E: $190,000

Inventory: $140,000*

Real Estate: $2,900,000

Established: 1978

*not included in asking price.

C Store with significant rentals and revenues.

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Business Description

This c store with rentals is growing and the future looks even better.

The Enterprise is a thriving complex of business entities located on a primary highway in Vermont. It consists of rental property that includes 2 key tenants that increase traffic to the retail gas service, Market and Deli, Store. There plenty of land for additional development and expansion of existing services or new buildings. .

The business has developed and refined its operations and services over a forty plus year span and 20 plus years under the current owner and now dominates the regional market for the services that it provides. Revenues are generated through a very high repeat customer base as well as new customers being added on a year-round basis. Annual service revenues of over $3 plus over $2 Million in Commission type sales that will provide a new owner with a great platform upon which to build. With the owners considering retirement, this highly reputable company is available for immediate acquisition to the new owner.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
10FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Prime real estate location on well traveled US route in Vermont. 6+ acres of land,600 feet of road frontage, 2 building with 19,000 square feet and has in ground tanks, a canopy, c-store equipment and key leases for half the rentable space. One tenant brings considerable traffic to the location. The seller owns 4 entities that are part of the sale.
Competition:
There are various competitors for each segment of the business but this is the dominant business in the area with highest visibility.
Growth & Expansion:
• Energize Referral Relationships; Most new business emanates from A GREAT REPUTATION FOR SERVICE. A formal CUSTOMER LOYALTY program would energize new business. • Design and Develop A Sales Oriented Web Site; The current SOCIAL MEDIA platform could be re-designed to encourage new sales. • Develop a direct mail targeted campaign. • Add new gas pumps including diesel • Expand pick –up service for the market and deli. • Rent empty office/retail. • Add another building.
Financing:
Cash Sale Preferred. Will consider up 7% for qualified buyer.
Support & Training:
Seller will provide reasonable support in transition. The business is easily ;learned and has managers in place.
Reason for Selling:
Retirement
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Country Business Inc.

Business Listed By:
Administrative Manager

Country Business, Inc.

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