Hot Listing

Gas station with c-store and property

Asking Price$1,300,000

Cash Flow

EBITDA$150,000

Gross Revenue$1,500,000

Inventory$70,000
Not included in asking price
FF&E$175,000
Included in asking price
Real Estate$1,000,000
Included in asking price
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Hot Listing

Gas station with c-store and property


Asking Price$1,300,000

Cash Flow

EBITDA$150,000

Gross Revenue$1,500,000

Inventory$70,000
Not included in asking price
FF&E$175,000
Included in asking price
Real Estate$1,000,000
Included in asking price
Business Description
Established Gas Station with Convenience Store and Prime Real Estate Opportunity

This well-established gas station and convenience store, operating continuously since 2000, presents an exceptional investment opportunity in Danville, VA. Located on 1.6 acres of prime real estate along a main highway, the property offers excellent visibility and consistent traffic flow.

Financial Performance:
- Annual Revenue: $1,500,000
- Cash Flow (SDE): $150,000
- EBITDA: $150,000
- Currently operated as absentee-owned business

Property Details:
- Building: 3,200 square feet
- Real estate included in sale (valued at $1,000,000)
- Prime highway location with high visibility
- 1.6 acres providing ample space for expansion

Business Assets:
- Fixtures, Furniture & Equipment: $175,000
- Inventory: $70,000
- Established customer base with 24+ years of operation

Growth Opportunities:
Significant potential exists to increase revenue through:
- Addition of deli products to improve inside sales margins
- Possible gaming machine installation
- Development of additional revenue streams on excess land
- Enhanced management focus (currently absentee-operated)

Market Position:
Traffic has improved with the addition of a nearby casino, indicating continued growth potential. The location benefits from consistent highway traffic and established customer patterns.

Support & Financing:
- Two-week training period provided
- Real estate expected to appraise over $1,000,000
- Turnkey operation ready for new ownership

This opportunity combines stable cash flow from an established operation with significant upside potential through operational improvements and property development. The absentee ownership model demonstrates the business's operational stability while highlighting opportunities for hands-on management to maximize performance.

Reason for Sale: Owners are focusing on other business ventures and cannot dedicate the necessary time to maximize the property's potential.
About the Business
Years in Operation
25
Employees
4 (1 Full-time, 3 Part-time)
Facilities & Assets
Property is on 1.6 acres of prime location on busy highway with good traffic and high visibility. Approximately 2 miles from recently opened Casino (opened in Dec 2024). Currently the business is being run absentee. Hours of operation are 6AM-10PM. All equipment is in excellent condition. Capital improvement of approximately $150,000 added within the past 12 months. Great potential to increase business with the addition of Deli menu
Market Outlook / Competition
Traffic with the addition of the Casino has improved and indicates this will only increase.
Opportunities for Growth
Addition of Deli products and possible gaming machine could dramatically increase sales and also increase inside sales margins. Plenty of land to add other revenue generating opportunities.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,200
About the Sale
Seller Motivation
Owners have other business ventures which does not allow them to devote the nece
Transition Support
Two week training period
Financing Options
Real estate should appraise at over $ 1 million.
Listing Info
ID
2434678
Listing Views
1182

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Business Listed by: Alan Kandall

Listing ID: 2434678 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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