SOLD – C-Store with Gas Station and National Franchise Sandwich
Business Description
Prime location c-store and franchise sandwich shop package deal is available for acquisition. C-store was established by the owner of the business in early 2012 and later built the franchise sandwich store in late 2014. Competition is to be expected for any c-store, but this gas station is backed by the largest oil company in the world and provides excellent gas pricing that competes with local pricing. Realistically this franchise sandwich store should expect competition, but this will not pose any issues as this business is the only one in the area that is combined with a c-store making it extremely convenient for customers needing gas or grabbing a bite to eat. Additionally, the drive-thru that the sandwich store provides makes it even more convenient for individuals to fuel up their car and easily go through the drive-thru instead of walking in. The majority of the customers for both stores are Caucasian individuals from the nearby neighborhoods and any individual driving past the intersection. Both businesses synergize very well since individuals getting gas would get something light to eat and vice-versa individuals getting a meal would fuel their cars since it’s convenient. Adding weekly deals that work hand-in-hand for both businesses can be quite beneficial for in-store sales and drive-thru sales. In October 2016, the landlord of this location invested $200,000 in the most recent top-of-line gas pumps to increase sales and stay ahead of its competitors by huge margins. Later in 2018, the current owner has upgraded both the c-store and sandwich shop. Products provided by the franchise sandwich shop are premium specialty sandwiches that use varieties of ingredients such as bacon, grilled cheese, Sicilian style meat, Tuscan Style Sandwich, chicken, smoked cheese, beef, turkey clubs, and premium Angus beef. These businesses can easily provide great cash flow at the expense of owner involvement once this business is acquired by the right buyer.
