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143 Longview Drive
Chatham, New York 12037
Tel: 518-392-7062
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CONVENIENCE STORE IN KINSTON, NORTH CAROLINA
Real Estate-Building Included - Asking $165,000.





View of Convenience Store from the street


Monthly Store Gross Sales: $34,000+/ (includes $1,500 from ATM, Lotto etc.)

Annual Gross Sales: $408,000.+/-

Monthly C-Store Gross Income: $10,500.

Hours of Operation: 9:30AM to 8:00PM

(There is approximately $20,000 to $25,000 in C-Store inventory)

Here are the basic details:

Gross Income from C-Store is approximately $9,000+/- per month (.27% margin) Plus Additional Monthly Income from: ATM, Lottery, Video Games, Food Stamps, etc, totaling $1,500.

TOTAL MONTHLY GROSS INCOME: $10,500.

Here are the MONTHLY EXPENSES:

$ 0 - No Rent (Building owned)

$ 800 - Heat, AC and Electricity

$ 185 - Insurance

$ 250 - Credit Cards - business is mostly in cash

$ 200 - Miscellaneous, Maintenance, etc

$ 0 - No Employees

$ 650 - Sales Tax

$ 50 - Real Estate Taxes - ($600 per year)
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TOTAL EXPENSES: $2,135.
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$ 8,365+/- NET INCOME per month (for owner)

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Additional Information:

Competition: No similar business in the immediate area.

2400 Square Foot Building

Growth/Expansion: There is some room for the addition of new products - there is a fuly equipped kitchen area with fairly new equipment. Buyer could add Chicken franchise.

Hours could be expanded to 7:00am to 10:00pm - currently operating from 9:30am to 8:00pm

Support/Training: Seller will train new owner and assist in the transition.

Reason Selling: Seller has other businesses

Coffee Area


Some of the Shelving in the C-store


Walk-in Cooler - 8 Doors


NOTE: The Owners have requested that all buyers submit proof of their financial ability to purchase this Convenience Store with Gas before any appointments to meet with owner can be arranged.


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or, call John Wallace at 518-392-7062 for more information.