Lottery Commission Convenience Store - Rural Rte Walnut Cove, NC 27052
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for Lottery Commission Convenience Store - Rural Rte
- Property type
- Retail properties
Description
This established convenience store in Stokes County, North Carolina, presents a lucrative investment opportunity. Located at a key intersection on a major regional highway in Walnut Cove (zip code 27052), this business has thrived for decades, serving a loyal rural community. The store boasts impressive profit margins, averaging approximately $0.30 per gallon on fuel sales, which include Non-Ethanol, Diesel, and Off-Road Diesel options. Monthly sales figures are substantial, with inside sales averaging $33,000, lottery commission generating $1,900, and fuel sales reaching 23,000 gallons. The business operates with low overhead, resulting in a strong monthly cash flow of approximately $10,000 before mortgage payments. The current owner's distance from the location necessitates the sale. This turnkey operation offers a rare chance to acquire a well-established, profitable business with significant growth potential in a stable market. The asking price is $600,000. This is a fantastic opportunity for an owner-operator seeking a profitable and established business.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walnut Cove
- County
- Stokes
- State
- North Carolina
- Longitude
- -80.1652
- Latitude
- 36.3116
