Rural Fuel Store Offers Diverse Options
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Asking Price
$600,000
Detailed Information
Stokes County, North Carolina, US
Not Provided
NA
Business Description
This well-established rural store located at a busy crossroads on a significant regional highway offers a variety of fuel products such as Non-Ethanol, Diesel, and Off-Road Diesel, resulting in strong profit margins of approximately $0.30 per gallon. With monthly inside sales of 33,000, lottery commission revenue of $1,900, and gas gallons sold reaching 23,000, the store operates efficiently with low overhead costs, generating a monthly cash flow of around $10,000 before mortgage expenses. The current out-of-state owner is selling the business due to the challenges of managing it remotely. With a long-standing presence in the community, this store has been a go-to destination for fuel and convenience items for many years. Its prime location at a key intersection along a major highway contributes to its success, attracting a steady stream of customers seeking diverse fuel options. The store's strong financial performance, highlighted by solid profit margins and consistent monthly sales figures, reflects its reputation for quality