Busy Gas Station with Property For Sale

Featured on BusinessForSale.com . 16 viewed

Asking Price

$850,000

FOR SALE - ACTIVE

Detailed Information

Location

Elizabeth City, North Carolina, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This branded gas station, located on a high-traffic road, includes the real estate property. After being closed for over a year by the previous owner, it was reopened a couple of years ago by the current absentee owner. There is significant potential for growth at this location, especially with the presence of an on-site owner-operator. With the potential for future expansion and development, this gas station represents a promising opportunity for a hands-on owner to drive the business forward. Given the current owner's distant management, an engaged individual at the helm could elevate the store to new heights and capitalize on the favorable location and traffic flow. A proactive, on-site owner-operator stands to unlock the full potential of this gas station on a busy thoroughfare, leading it towards increased success and growth. By taking a hands-on approach and investing time and effort into the business, the new owner can tap into the promising prospects that this established yet evolving gas station presents.

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