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Convenience Store In Kentucky For Sale

Kentucky
Asking Price:
$749,900
Sales Revenue:
$1,376,771
Cash Flow:
$55,095

Busy neighborhood convenience store with gas, lottery, and small restaurant located in scenic area is now available. This store has a thriving grill that serves breakfast, lunch and dinner 7 days a week. The store sells traditional convenience items plus snacks, drinks and ice. There is an onsite ATM machine, and gross lottery sales of $6,000 per month. Currently the store is pumping 35,000 - 40,000 gallons of fuel. The store is located on a busy road with plenty of residential areas close by. No competition for three miles.

Property information

Premises Details:

The store has been in its current location for 47 years and has had gas for 20+. Current owner purchased in 2011 New pumps and tanks in 2015. New paint, shelving and concrete pad parking lot fall 2017.

Business Operation

Expansion Potential:

The store could also add carry out pizza to its menu and could sell propane gas for grills and several other items typically sold in a convenience store.

Competition / Market:

This store is located on a busy road and there is no competition within 2 miles and limited competition within 4 or 5 miles.

Reasons for selling:

retiring

Trading hours:

5:30 AM - 10 PM 7 days a week

Employees:
6
Years established:
1971

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$30,000
Inventory / Stock value:
$30,000

Contact Information

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