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Access One Realty Page 1 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Business & Real Estate Brokers
Specialists for Conv. Stores / Gas Stations, Motels, Restaurants, UPS Stores
(DT) Truck-Stop, Branded Gas, Restaurant, Conv.
Store, between Charlotte & Asheville, NC
(DT) Truck-Stop, Branded Gas, Restaurant, Conv. Store, between Charlotte & Asheville, NC
Cash Flow: $31,000/month net. With partial owner financing Asking: $3,500,000 + Inv. with Real Estate,
In: $66,000/mo. Restaurant: $67,000/mo. Out: 100,000 gal./mo. Lottery: $1,400/mo. net. Misc.: $300/mo. net. Cat Scales: $4,500/mo.
Mfr.’s Rebates: $2,500. House rent: $750/mo. net Store size: 4,045 Sq. Ft. Land: 5.92 Acres.
Located at a highway exit between Asheville & Charlotte.
Access One Realty Paving your access to the future
Access One Realty Page 2 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Financial Summary
.
* Cash Flow:
Estimate Per Seller’s figures - Net profit before taxes, owner payments, interest and depreciation,
After all expenses including goods for resale, utilities, credit card fees, wages, rent, etc. Buyers are cautioned to arrive at their own estimate before proceeding.
Inside Grocery Sales, $ $66,000
Inside gross margin, % 40%
Grill Sales, $ $67,000
Inside gross margin, % 55%
Outside Sales, Gallons 100,000
Outside, net, c/gal. 15c / gal
Misc., net $300
Lottery, net $1,400
House rental, net $750
Rebates – Cigarette $2,500
Total Gross Sales, monthly $492,450
Total Gross Profit, monthly $87,700
Cash Flow, monthly * $36,328
Gas Branded Yes
Owner Financing Up to $250,000
Gross Sales, Annual $5,909,400 / year
Total Gross Profit, Annual $1,052,400
Cash Flow, Annual * $435,942
Inventory (NOT included in price) $120,000
Employees 8 Full Time, 8 Part Time +
Owner
Access One Realty Page 3 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Financial Information
* Cash Flow:
Estimate Per Seller’s figures - Net profit before taxes, owner payments, mortgage payment and depreciation,
After all other expenses including goods for resale, utilities, credit card fees, wages, etc.
++ Monthly Wages are an estimate based on seller’s input.
Buyers are cautioned to arrive at their own estimate before proceeding.
Monthly Expenses Wages + + 23,200
Property Tax 376
Property Insurance 3,036
Payroll Tax & Work Comp. Insurance 3,468
Utilities 4,440
Cat Scales Purchase 2,453
Telephone 918
Credit Card fee 5,961
Supplies 108
License, Permit 53
Advertising 171
Maintenance 4,841
Laundry & Linen 396
Fuel Man & Trendar Fee 1,708
Interest, Misc. 256
Total Expenses $51,372
Access One Realty Page 4 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Business
Owner works full time at the store - yes
Owner owns the business since 1998
Reason for selling: Owner is retiring.
No contract with Oil Company
Deposit required by Oil Company: None
Hours of Operation: 24 hours x 7 days
Customer base: Highway Traffic, Mountain traffic, Truck Stop, local
traffic
Includes a house that is rented at $750/mo. on a month-to-month lease.
Support / Training: Training to be provided by to insure smooth
transition.
Business acquisition is subject to credit approval.
Owner Financing: For qualified buyer. Up to $250,000.
Business has increased by about 8% annually for the last 4 years
Store includes a sit-down restaurant with substantial business and
profitability.
Accepts EBT, WIC
Own ATM
Competition: Nearest competition is 10 miles away.
Consistently #1 or 2 in Pepsi Sales in the area.
Facility
Years Built: 1987
Serves: Gasoline, Diesel
Size: 4,045 square feet
Land: 5.92 acres. Parcel ID: 362708996249 & others
Includes a house that is rented.
Access One Realty Page 5 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Seller owns and maintains Pumps, Tanks
Good sized lot with plenty of truck parking – with space to expand
Includes Ruby POS Register system
Includes Veeder Root leak detection system
4 double sided MPD's with 8 filling stations plus diesel filling stations.
Plenty of truck parking space
Access from the pumps to the store is under a canopy.
Camera System with alarm tied to internet
Walk-in cooler with 14 doors.
Pumps accept credit card
Septic tank
Location
Excellent location: Located on a corridor in Western N. Carolina between
Charlotte & Asheville. At an exit on Highway. High Traffic / High
Visibility
Mountain traffic passes by the store
Weather: http://www.wunderground.com/US/NC/Maiden.html
Demographics information for Catawba county:
http://quickfacts.census.gov/qfd/states/37/37035.html
Prospects for Expansion
Growth/Expansion: Offer Check-Cashing, Money Order, Bill Pay
Offers Showers & other amenities for truckers
Offer Car & Truck wash
Cash Cow. Great potential for owner-operator!
When inquiring, please refer to the two character code (DT).
Access One Realty Page 6 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
For additional information, please contact Chandra Shah at 919 439-5483 or by
E-Mail at [email protected]. If you have not faxed (or scanned and emailed) Non-
Disclosure Agreement and Buyer’s profile, please do so. We are required by
sellers to obtain this information before releasing confidential information.
Owners have requested that all buyers submit proof of their financial ability to
purchase this business when they submit an offer. Business acquisition is subject
to credit approval by landlord and Fuel distributor.
Thank you for your cooperation, which will help us facilitate the sale.
Disclaimer: Information has been gathered from owner and other sources
deemed reliable, but is not guaranteed by Access Funding Corps., d/b/a Access
One Realty as to accuracy or completeness. Opinions expressed in this
presentation are subject to change without notice. Access One Realty assumes no
liability for inaccuracies in the listing information. Access One Realty does not
provide legal, tax, or accounting advice. Prospective purchasers / selling brokers
should obtain verification upon the advice of legal counsel, CPA and/or other
sources satisfactory to them for guidance.
© Copyright Access One Realty 2013
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Access One Realty Page 7 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Access One Realty Page 8 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Access One Realty Page 9 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Access One Realty Page 10 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Access One Realty Page 11 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Access One Realty Page 12 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]
Access One Realty Page 13 of 13 120 Scottingham Lane, Morrisville, NC 27560-7567
Tel: 919 439-5483. Fax: 1-562 296-2667, [email protected]