Citgo Express Mart
3,078 SF | Retail Building | Greensboro, NC 27409 | $1,700,000 ($552/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,700,000
- Property Type
-
Retail, Industrial
- Square Feet
- 3,078 SF
- Price / Square Foot
- $552
Listing Contacts
Gurvinder Singh
Verified Profile
- Property Info
Property Overview
Citgo Gas Station for Sale in Prime Location
Address: 6324 W Market St, Greensboro, NC 27409
Asking Price: $1,700,000 (plus inventory estimated at $125,000)
This Citgo Gas Station is strategically located in a high-traffic area near the airport, making it a prime investment opportunity. With strong inside sales, a high-margin deli, and a consistent gas volume, this station is well-positioned for continued success. The recent renovations and new equipment ensure a modern and efficient operation, while the option to expand services offers potential for further revenue growth.
Key Financials:
Inside Sales: $71,000 per month
Deli Sales: $20,000 per month
Gas Volume: 25,000-35,000 gallons per month
Gas Contract: Rack plus 2 cents
Gas Margins: 35-40 cents per gallon
Lottery Sales: $68,000 per month (historical sales up to $80,000)
Non-Ethanol Sales: 500 gallons per month
Diesel Sales: 1,000 gallons per month with a 70-cent margin
Bitcoin ATM Revenue: $300 per month
ATM Revenue: $800 per month
Property Features:
Environmental Status: Clear
Newly Renovated: $150,000 in renovations
New Equipment:
New Coolers
8 New Pumps and Canopy
Beer Cave
2 c1800 Point of Sale Systems
Additional Opportunities:
Option to expand check-cashing services
Address: 6324 W Market St, Greensboro, NC 27409
Asking Price: $1,700,000 (plus inventory estimated at $125,000)
This Citgo Gas Station is strategically located in a high-traffic area near the airport, making it a prime investment opportunity. With strong inside sales, a high-margin deli, and a consistent gas volume, this station is well-positioned for continued success. The recent renovations and new equipment ensure a modern and efficient operation, while the option to expand services offers potential for further revenue growth.
Key Financials:
Inside Sales: $71,000 per month
Deli Sales: $20,000 per month
Gas Volume: 25,000-35,000 gallons per month
Gas Contract: Rack plus 2 cents
Gas Margins: 35-40 cents per gallon
Lottery Sales: $68,000 per month (historical sales up to $80,000)
Non-Ethanol Sales: 500 gallons per month
Diesel Sales: 1,000 gallons per month with a 70-cent margin
Bitcoin ATM Revenue: $300 per month
ATM Revenue: $800 per month
Property Features:
Environmental Status: Clear
Newly Renovated: $150,000 in renovations
New Equipment:
New Coolers
8 New Pumps and Canopy
Beer Cave
2 c1800 Point of Sale Systems
Additional Opportunities:
Option to expand check-cashing services
Property Details
- Class
- B
- Year Built
- 1986
- Stories
- 1
- Property Subtype
- Service, Storefront
- Lot Size (sq. ft)
- 23,522 SF
Highlights
- Inside Sales: $71,000 per month
- Deli Sales: $20,000 per month
- Gas Volume: 25,000-35,000 gallons per month
- Lottery Sales: $68,000 per month (historical sales up to $80,000)
- Newly Renovated: $150,000 in renovations
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