Established convenience store with fuel
North Middletown, Kentucky
About the Business
This is a well-established, successful, profitable convenience store with un-branded fuel, deli, pizza, tobacco products, beer, soft-serve, grocery, post office, and lottery. Business has operated for over 35 years, the last 10 under the current ownership. Loyal customer base and well trained staff. Ready for the next owner to take the business to the next level.
Located in North Middletown Kentucky, Bourbon County, at the intersection of Kentucky Highways 460 and 57. Highway 460 connects Mt. Sterling and Paris.
Real estate is included: lot about 16,000 square feet with about 100 feet of frontage on Main Street (Highway 460). Building contains about 2,975 square feet plus about 300 square foot covered porch. Two 8,000 gallon underground fuel tanks, with pumps, and canopy.
Price: $275,000 plus inventory $200,000 plus inventory
Gross Income: $1,100,000+
EBITDA: Not disclosed
Inventory: $30,000 - $45,000 typical
Furniture, Fixtures, & Equipment: Equipment and furnishings included in price
Real Estate: Approximately 16,000 square foot lot with 3,000+/- square foot building.
Employees: 3 full-time, 5 part-time, plus the owner
Year established: early 1980s
About the Sale
Management and training support: Seller will help insure a smooth transition.
Reason for selling: Owners have other time committments.
Confidential information about this opportunity is available to qualified buyers upon signing a Confidentiality Agreement and completing a Buyer Profile - these documents are available on this website's "For Buyers"