For Sale
$600,000

Lottery Commission Convenience Store - Rural RteWalnut Cove, NC 27052

High-profit rural convenience store for sale.

Overview

Added:
Dec 11, 2024
Days on market:
118
This established convenience store in Stokes County, North Carolina, presents a lucrative investment opportunity. Located at a key intersection on a major regional highway in Walnut Cove (zip code 27052), this business has thrived for decades, serving a loyal rural community. The store boasts impressive profit margins, averaging approximately $0.30 per gallon on fuel sales, which include Non-Ethanol, Diesel, and Off-Road Diesel options. Monthly sales figures are substantial, with inside sales averaging $33,000, lottery commission generating $1,900, and fuel sales reaching 23,000 gallons. The business operates with low overhead, resulting in a strong monthly cash flow of approximately $10,000 before mortgage payments. The current owner's distance from the location necessitates the sale. This turnkey operation offers a rare chance to acquire a well-established, profitable business with significant growth potential in a stable market. The asking price is $600,000. This is a fantastic opportunity for an owner-operator seeking a profitable and established business.

Highlights

  • Asking price: $600,000.
  • Retail property located in Stokes County, NC, zip code 27052 (exact address undisclosed).
  • Established convenience store with decades-long history in a rural community, situated on a major highway intersection.
  • Strong financial performance: $33,000 monthly inside sales, $1,900 monthly lottery commission, and 23,000 gallons of fuel sold monthly, yielding approximately $0.30/gallon profit margin.
  • Offers diverse fuel options including non-ethanol, diesel, and off-road diesel.
  • Low overhead operation with approximately $10,000 monthly cash flow before mortgage.

Property Details for Lottery Commission Convenience Store - Rural Rte

Property type
Retail properties

Location Insight

City
Walnut Cove
County
Stokes
State
North Carolina
Latitude
36.3116368
Longitude
-80.1651854
Lottery Commission Convenience Store - Rural Rte, Walnut Cove, North Carolina

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Lottery Commission Convenience Store - Rural Rte
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