Convenience Stores For Sale in Prescott Arizona

Convenience Store W/fueling & Commercial Real Estate

Advert Id: 56318, Sellers Ref: (2016-07)
  • Location:Prescott, Arizona
  • Category:Convenience Stores
  • Asking Price:$2,250,000
  • 2250000
  • Sales revenue :$2,672,883
  • Net profit :$341,015
  • Furniture/Fixtures value :$199,000
  • Inventory/Stock value : $75,000

Business description

The company was founded in 1984 and has been in continuous operations to date. Current ownership purchased the facility in 2009 and has grown the business significantly. This full service convenience store with fueling operations includes the commercial real estate. The fueling operations are branded ConocoPhillips 76. The store is modern and clean featuring a modern 14 door glass door reach-in / walk-in cooler, food display racks, soda fountain and food area. The store sells beer & wine with a series 10 license. The owners run the convenience store semi-absentee and contribute none of their work week as employees. Auto repair facility included in this sale.

  • Selling Assets: Provided by Broker
  • Real Estate: The site consists of ±27,878 square feet of land zoned “BG” and is nearly level and is near street grade. It has multiple points of ingress / egress to both state highway (east) and city street (north). Ground improvements include concrete and asphalt pads; the fueling canopy is steel and ±1,200 square feet and covers the two MPD (fueling dispensers) with four fueling positions each selling three grades of gasoline with pay at pump features; there are two UST’s 10,000 gallons each, steel clad with cathodic protection, SS piping and VeederRoot. The building was constructed in 1984 and has been continually improved and has ±3,634 square feet under roof. The store occupies ±1,760 and the auto repair occupies ±1,874. Construction is wood frame and the roof construction is steel sheeting. The property is well lit and has modern signage including store front and monument signs. The POS system is modern and PCI compliant.
  • Competition: There are several local competitors in the immediate market place none recently new to the area. Additional competition is unlikely due to limited zoning permitting such use. The barrier to entry is very high.
  • Years Established: 1984
  • Employees: 7
  • Support Training: As Needed
  • Reason For Selling: Move out of state
  • Lease Terms: Provided by Broker
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