Lottery Commission Convenience Store - Rural Rte Walnut Cove, NC 27052
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.